date:Feb 11, 2014
0 million. The offer is scheduled to close on Feb. 12.
The announcement came just a few weeks after Saputo entered into an agreement to acquire the fluid milk activities of Scotsburn Co-Operative Services Ltd. based in Nova Scotia.
But Saputos interest in expanding its reach really kicked off in January 2013, when the company completed its acquisition of Morningstar Foods, L.L.C., a subsidiary of Dallas-based Dean Foods Co., for $1.45 billion. Lino Saputo, vice-chairman and chief executive off