Kraft sells Polish chocolate unit

By Tribune staff report
Posted June 28, 2010 at 6:02 a.m.

Kraft foods has reached a deal to sell its Wedel chocolate and candy business in Poland, which it acquired with its purchase of Cadbury, to South Korea’s Lotte Group for an undisclosed price. The sale is part of Kraft’s agreement with EU regulators to sell off some units as part of its acquisition of Cadbury.

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