date:Apr 07, 2014
At a special shareholder meeting April 3, the acquisition of Canada Bread Co. by Grupo Bimbo S.A.B. de C.V. was approved by Canada Bread shareholders.
The Arrangement of Sale to a wholly-owned Bimbo subsidiary was okayed by shareholders holding 99.98% of the common shares voted at the special meeting.
Canada Bread said it expects the transaction to close before the end of June, subject to completion of other closing conditions including receipt of a final order of the Ontario Superior Court of