Canada competition bureau approves two hog producer takeovers

OTTAWA Mon Dec 17, 2012 11:24am EST

OTTAWA Dec 17 (Reuters) - Canada's Competition Bureau has approved Maple Leaf Foods Inc's C$42 million ($43 million) takeover of distressed hog producer Puratone Corp, the bureau said on Monday.

The bureau also said it approved a bid by privately held Olymel LP to buy Blue Sky, Canada's second-largest hog producer, out of receivership for C$65.25 million.

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

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