Freitag, 14. Juni 2024
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Global Industry: Grupo Bimbo to buy Canada Bread for 1,22 billion EUR

Hamburg. (bm) Canada Bread Company announced that Grupo Bimbo has agreed to acquire all of the issued and outstanding common shares of Canada Bread for aggregate cash proceeds of 1,83 billion CAD (1,22 billion EUR) or 72,00 CAD (48,00 EUR) per share pursuant to an arrangement agreement entered into between Canada Bread and Grupo Bimbo. «This is an excellent outcome for our bakery businesses and shareholders», said Richard Lan, President and CEO. «Becoming part of Grupo Bimbo, the world´s leading bakery company and benefiting from its focus, expertise and resources, will create new opportunities for our people, customers and business partners». Other topics of the week:

Title Region Date
Grupo Bimbo: To Acquire Canada Bread (CA) Fri 02-14
United Biscuits: invests in Nigerian Biscuit Manufacturer (UK) Fri 02-14
Mondelez International: Reports 2013 Results (US) Fri 02-14
EuroShop 2014: bigger than ever before (DE) Fri 02-14
Goodman Fielder: announces results for H1/2014 (AU) Fri 02-14
Cheesecake Factory: Reports Results for Fiscal Q4/2013 (US) Fri 02-14
Fitch: Bimbo’s Credit Quality Pressured by Acquisition (MX) Fri 02-14
Goodman Fielder: Appoints Member To Board Of Directors (AU) Fri 02-14
ADM: Invests 25 Million USD in Rennovia (US) Thu 02-13
Orkla ASA: Acquisition generated growth in Q4 and FY 2013 (NO) Thu 02-13
ConAgra Foods: Lowers Near-Term EPS Outlook (US) Thu 02-13
Orkla ASA: Appoints New President And CEO (NO) Thu 02-13
Orkla ASA: Appoints New Chief Financial Officer (NO) Thu 02-13
CSM Bakery Products: welcomes new SVP of sales (US) Thu 02-13
Goodman Fielder: to divest pizza business in New Zealand (AU) Wed 02-12
Annie’s: Reports Third Quarter Fiscal 2014 Results (US) Wed 02-12
PWC: US retail and consumer deals insights 2013 (US) Wed 02-12
Bunge: purchases corn masa flour mill (US) Tue 02-11
Job Rotation: Lantmännen Unibake Announced New CEO (DK) Tue 02-11
Snyder’s-Lance: Reports Results for Full Year 2013 (US) Mon 02-10
Post Holdings: Reports Results for Fiscal Q1/2014 (US) Mon 02-10
Coca-Cola: to Partner with Green Mountain Coffee Roasters (US) Mon 02-10
Flowers Foods: Announces Fiscal Q4/2013 and FY Results (US) Mon 02-10
Mondelez: to Invest 130 Million USD in Biscuit Network (US) Mon 02-10
Kellogg: Reports Q4 and FY Results and Provides Guidance (US) Sat 02-08
Fletchers Group: refinances to maintain growth (UK) Sat 02-08