Mexico City / MX. (gb) Grupo Bimbo S.A.B. de C.V. announced that BBU Inc., its business unit in the United States, has obtained approval from the United States Department of Justice (DOJ) to complete certain of the divestitures required by the DOJ in connection with the acquisition by BBU of Sara Lee Corporation´s North American Fresh Bakery business. The approved transactions include: i) a license to the Earthgrains® and Healthy Choice® brands in Omaha, Nebraska to Pan-O-Gold Baking Company of St. Cloud, Minnesota; and ii) a license to the Holsum® and Milano® brands in Harrisburg and Scranton, Pennsylvania to Schmidt Baking Company of Baltimore, Maryland. The transactions are expected to close shortly. The remaining divestitures required by the DOJ are pending. The Company will disclose the details once the approval is received.
OTHER TOPICS FROM THIS SECTION FOR YOU:
- Starbucks: Reports Q4 and Full Year Fiscal 2024 Results
- Luckin Coffee: Announces Q3-2024 Financial Results
- Bunge Global SA: Reports Third Quarter 2024 Results
- Cheesecake Factory: Reports Q3-2024 Financial Results
- Sysco: Reports Q1-2025 Financial Results
- Mondelez International: Reports Q3 2024 Results
- Brinker International: Reports Q1 Of Fiscal 2025 Results
- Grupo Bimbo: Reports Third Quarter 2024 Results
- Paulig Group: strengthens position in World Foods
- Corbion: Q3-2024 Interim Management Statement
- Gruma: reports third quarter 2024 results
- AAK: announces Interim report for Q3-2024
- Darling Ingredients: Reports Q3-2024 Financial Results
- AAK: divests its North American Foodservice site
- Valora strengthens global leadership in pretzel market
- Coca-Cola Company: Reports Q3-2024 Financial Results
- Starbucks: reports preliminary results, suspends guidance
- Aryzta AG: announces 9M-2024 Interim Report
- JAB Acquires Mondelez’s Stake in JDE Peet’s
- Just Eat Takeaway.com: Q3-2024 Trading Update