RJR Nabisco to Sell 5 Units: RJR...

RJR Nabisco to Sell 5 Units: RJR Nabisco Inc. said it will sell five European snack food businesses to reduce debt accumulated after its recent $24.9-billion leveraged buyout by Kohlberg Kravis Roberts & Co. The food and tobacco giant said the businesses--three in the United Kingdom, one in France and one in Italy--had pretax income last year of about $137 million on annual revenue of about $1.2 billion. RJR Nabisco said it will sell the companies separately or as a group.