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Oct 26, 2021 · The purchase price represents approximately a 10.0x multiple on the 2021 estimated EBITDA of the Weston Foods fresh and frozen bakery businesses. The fresh and frozen bakery businesses comprised ...
Dec 10, 2021 · The Weston Foods fresh and frozen bakery businesses comprise a leading North American manufacturer, serving retail and foodservice customers with packaged fresh bread and rolls and alternatives ...
Dec 9, 2021 · On October 26, 2021, George Weston Limited ("George Weston") announced that it signed a definitive agreement to sell its Weston Foods fresh and frozen bakery businesses to affiliated entities of FGF Brands Inc. ("FGF"). Closing of the C$1.1 billion transaction was announced on December 10, 2021.
Dec 9, 2021 · FGF Brands Inc. signed a definitive agreement to acquire Weston Foods Fresh and Frozen Bakery Businesses of George Weston Limited (TSX:WN) for CAD 1.2 billion on October 25, 2021. Under the terms of agreement, FGF Brands is paying the consideration in cash.
Oct 26, 2021 · Source: George Weston Ltd. 10.26.2021. By Eric Schroeder. TORONTO — FGF Brands Inc., which describes itself as “a technology company that bakes,” has reached an agreement to acquire the ...
Oct 26, 2021 · THE CANADIAN PRESS/Graeme Roy. George Weston Ltd. has signed a deal to sell its Weston Foods fresh and frozen bakery businesses to FGF Brands Inc. for $1.2 billion. The company put Weston Foods up ...
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Houlihan Lokey is pleased to announce that George Weston Limited has sold its Weston Foods fresh and frozen bakery businesses to affiliated entities of FGF Brands Inc. (FGF) for aggregate cash consideration of C$1.2 billion. The transaction closed on December 10, 2021. The Weston Foods fresh and frozen bakery businesses comprise a leading North ...