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Aryzta rejects Elliott's € 734 million offer

The Group will sell business units in North America and Latin America

Swiss based Aryzta Group has rejected a € 734 million acquisition offer from the US investment firm Elliott and has announced its intention to sell its business units in North America and Latin America. Earlier this month, the company officially announced Elliott's offer to acquire the Group, as part of its restructuring and streamlining plan.The unanimous decision of the board of directors not to e...

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EFA News - European Food Agency
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