date:Mar 19, 2014
Grupo Bimbo, S.A.B. de C.V. on March 18 said it has received approval from the Canadian Competition Bureau to acquire Canada Bread Company, Ltd. The closing of the transaction is still subject to approvals from the Department of Justice of the United States and the Canadian Minister of Industry, which are expected to be completed during the second quarter, Bimbo said.
Grupo Bimbo in mid-February agreed to acquire all of the common shares of Canada Bread for C$72 ($65) per share, or approximatel