|This Slide: #34 of 100|
Slide #34. Ebro Foods S.A. — Canada Bread Fresh Pasta Business
Ebro Foods S.A.
Canada Bread Fresh Pasta Business (CBY.CA)
Canada Bread Company, Ltd. ("Canada Bread") (CBY: TSX) today announced that it has entered into a definitive agreement to sell Olivieri Foods, its fresh pasta and sauce business, to Ebro Foods, S.A. of Madrid, Spain for proceeds of approximately $120 million. Subject to Competition Bureau review, the transaction is expected to close by the end of 2013.