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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 ...
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 · "We are thrilled to be acquiring the fresh and frozen businesses of Weston Foods, a Canadian company with over 100 years of baking experience," said FGF Co-Founder Tejus Ajmera.
Dec 9, 2021 · FGF Brands Inc. signed a definitive agreement to acquire Weston Foods Fresh and Frozen Bakery Businesses of George Weston Limited for CAD 1.2 billion on October 25, 2021. Under the terms of... 77d4123ef5b0c.TFdUa38ILeKpIaJLzh1VSoPG_AKFc4zrc6mZlZ5MkSA.DTkHGChjV4jDVMQ9uisAGff-tkHDIfjaOdPjzMYtwmobZmI5M0loh-Vl1Q
Dec 10, 2021 · Prior to closing, George Weston and FGF agreed on a revised purchase price of $1.1 billion for the transaction, as well as certain other amendments, including an adjustment to the working capital ...
Oct 28, 2021 · The Weston Foods operating segment includes a leading North American bakery that offers packaged bread and rolls in Canada as well as frozen and artisan bread and rolls, cakes, donuts, pies, biscuits and alternatives throughout Canada and the United States. About FGF. FGF Brands is a Canadian, family-owned bakery company founded in 2004.
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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.