Mexican food firm Herdez to pay $245 mln for Nutrisa
MEXICO CITY, April 26
MEXICO CITY, April 26 (Reuters) - Mexican processed foods company Grupo Herdez said Friday it would pay 2.98 billion pesos ($245 million) to buy Nutrisa, a frozen yogurt and food supplement chain.
Grupo Herdez said it would pay 91 pesos a share for 100 percent of Nutrisa, which reported sales of 1.14 billion pesos ($93.70 million) during the whole of last year.
Herdez had already said it would purchase 67 percent of Nutrisa for 91 pesos a share and that it would make an offer for the remaining third of the company.
- Anger mounts after bodies found trapped inside sunken South Korean ferry |
- Vice-principal of South Korea school in ferry disaster commits suicide |
- Special Report: How the U.S. made its Putin problem worse
- Search resumes after Everest's worst climbing tragedy
- All 338 Korean students, teachers rescued from sinking ferry - school official