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Oct 26, 2021 · George Weston announced on March 23, 2021 that it decided to sell its bakery segment and to focus on its Retail and Real Estate businesses. The Company expects to return the net proceeds from...
- George Weston Limited announces the Closing of the sale of ...
TORONTO, Dec. 10, 2021 /CNW/ - George Weston Limited...
- George Weston Limited announces the Closing of the sale of ...
Dec 10, 2021 · TORONTO, Dec. 10, 2021 /CNW/ - George Weston Limited ("George Weston" or the "Company") (TSX: WN) today announced the closing of the previously announced sale of its Weston Foods fresh...
Dec 18, 2020 · Toronto, ON, December 18, 2020 (TSX: WN; TSX: L) – George Weston Limited (GWL) and Loblaw Companies Limited (Loblaw) jointly announced today that each company will acquire certain of its shares at below-market pricing from an entity controlled by Mr. W. Galen Weston (Mr. Weston), the controlling shareholder of GWL. Mr. Weston is disposing of ...
Acquisition and divestiture. On the acquisition side, George Weston Limited expanded within its traditional base of operations with the purchase of the Ontario assets of General Bakeries, a subsidiary of Dominion Stores Limited, in 1985, as Toronto financier Conrad Black divested holdings.
Oct 26, 2021 · TORONTO — FGF Brands Inc., which describes itself as “a technology company that bakes,” has reached an agreement to acquire the Weston Foods fresh and frozen bakery businesses of George...
In 1882, a young Toronto bread salesman and former baker’s apprentice named George Weston went into business for himself when he bought a bread route from his employer. By the turn of the century, Weston’s Bread was known throughout the city and George Weston had become Canada’s biggest baker.
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.
