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The operation is valued at over $ 2,000 million, or about 1,712 million euros.
The food group (Nestlé) reportedly began talks in this regard to obtain majority ownership in Canadian society
Finding El Cazamentiras' Validation at the End of the News
By:
EFE
2 July 2018, 22:47
The Swiss multinational Nestlé negotiates the acquisition of the Canadian company Champion Petfoods, dedicated to the production of pet food, for a transaction valued at more than 2 000 million dollars, or about 1 712 million euros, according to Swiss media information and collected by the Spanish news agency EFE.
The food industry group reportedly began talks in this direction to take a majority stake in Canadian society, primarily through the Bedford Capital investment fund, the agency said. Swiss ATS. Vevey, in the canton of Vaud, is already present in the pet food sector thanks to its brand Purina.
According to the American newspaper Wall Street Journal, whose information is reported by the Swiss press, this sector generated a growth of 3% last year for the Swiss multinational, the second highest percentage after coffee .
] EFE
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