Canada Bread: Receives Another Approval

Toronto / CA. (cb) Canada Bread Company Limited announced that the Ontario Superior Court of Justice (Commercial List) has issued a final order approving the previously announced plan of arrangement between a wholly-owned subsidiary of Grupo Bimbo S.A.B. de C.V. and Canada Bread. The Arrangement will result in the sale of Canada Bread to Grupo Bimbo, which is expected to close in the second quarter of 2014, subject to completion of other closing conditions, including approval under the Investment Canada Act. The transaction has previously received shareholder approval and clearance under the Competition Act (Canada) and the Hart-Scott-Rodino Act (USA).

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