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divestiture

Illinois Tool Works lifts annual profit forecast on divestiture gains

(Reuters) - Illinois Tool Works raised its 2024 profit forecast on Wednesday, citing gains from a recent divestiture and a...

JM Smucker to divest cookie brand Voortman in $305 million deal

(Reuters) - J.M. Smucker said on Tuesday it would sell its cookie brand, Voortman, to U.S.-based premium snacks maker Second Name Brands in a...

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