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Could you explain, please, the relationship between Sanex, Sara Lee/DE and Sara Lee Corporation?

explain relationship sara lee
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Could you explain, please, the relationship between Sanex, Sara Lee/DE and Sara Lee Corporation?

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FRANK MEYSMAN: Sara Lee Corporation has five lines of businesses. One is the personal products which include products like Coach and Hanes and Champion; that is one line of business. The second line of business is meat and bakery, which includes Sara Lee Cakes, Hillshire Farms and the meat products. Those two businesses are managed worldwide out of Chicago. And there are two other lines of businesses, one which is called coffee and tea, which includes brands like Superior in the U.S. or Chock Full O’Nuts, Douwe, Mauerci (phonetic) in Spain or Pikwik Tea worldwide. And the other one is household and body care, which is the division that we are talking about today. That division, which includes the brands like Kiwi or Sanex, those two additions and coffee and tea and household and body care are being managed worldwide out of Sara Lee/DE, of which I am the chairman, but then ultimately reports to Chicago. JIM FUHSE: I’d like to invite Venus Williams to come up and say a few words. (Applau

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