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Canada Bread Company Ltd Announces Definitive Agreement to Sell Fresh Pasta Business to Ebro Foods S.A.

Thursday, 24 Oct 2013 08:00am EDT 

Canada Bread Company Ltd announced that it has entered into a definitive agreement to sell Olivieri Foods, its fresh pasta and sauce business, to Ebro Foods, S.A. of Madrid, Spain for proceeds of approximately $120 million. Subject to Competition Bureau review, the transaction is expected to close by the end of 2013. 

Company Quote

26 May 2014