Saputo buys Dairyworld Foods

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US dairy and grocery manufacturer Saputo Inc announced this week
that it hasenteredinto an agreement to acquire the fluid-milk and
cheese operations,...

US dairy and grocery manufacturer Saputo Inc announced this week that it hasenteredinto an agreement to acquire the fluid-milk and cheese operations, and certainjoint-venture interests of Agrifoods International Cooperative Limited, morecommonly known as "Dairyworld Foods." The transaction valued at US$268 millionis expected to close by the end of January 2001.

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