Sector News

Mexico’s Bimbo says reaches preliminary deal to buy Panrico

June 23, 2015
Food & Drink
(Reuters) – Mexico’s Bimbo, among the world’s largest bread makers, said on Monday it had reached a preliminary deal to buy Spain and Portugal-based Panrico, excluding certain brands.
 
Bimbo said in a statement that the deal was subject to the approval of antitrust regulators and it did not provide any details on the amount of the purchase. 
 
(Reporting by Michael O’Boyle)

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