Turkish owner of Godiva chocolate Yildiz exploring sale of Japanese business

Turkish owner of Godiva chocolate Yildiz exploring sale of Japanese business

Godiva chocolates sit on the shelf inside a Boston, Massachusetts Godiva Boutique Friday, August 10, 2007. Campbell Soup Co. may sell its Godiva chocolate brand to focus on increasing global sales of healthier soups, snacks and beverages.Photographer: JB Reed/ Bloomberg News

Yildiz Holding is exploring a sale of Godiva chocolate’s Japanese business in a deal that could fetch around $1.5 billion, according to two sources familiar with the matter, potentially letting the company pay down debt and invest elsewhere.

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