Campbell Soup Co. has approved the sale of its Godiva Chocolatier business to Turkish company Yildiz Holding for $850 million, after considering several other proposals from companies, including Starbucks Corp., Hershey Co. and Wm. Wrigley Jr. Co. over the past several months. Godiva will become part of Yildiz-owned Ulker Group, the largest consumer-goods company in Turkey.

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