(Weetabix.ca)

Post tucks into British breakfast cereal Weetabix

London/Shanghai/New York | Reuters — Post Holdings is buying leading British breakfast cereal brand Weetabix from China’s Bright Food Group for 1.4 billion pounds (C$2.4 billion), giving the U.S.-focused company a European base on which to build. The combination will help Post’s existing brands, which include Honey Bunches of Oats and Grape-Nuts, to expand overseas, […] Read more




(CanadaGoose.com)

Jacket maker Canada Goose reported planning IPO

Reuters — Canada Goose Inc., a maker of luxury winter down jackets, is interviewing banks to help prepare for an initial public offering (IPO) that could value the company at as much as $2 billion, sources familiar with the matter said on Friday. An IPO of Toronto-based Canada Goose would demonstrate the explosive growth the […] Read more


(Corner-Store.ca)

Couche-Tard reported in lead to buy Corner Store chain

New York | Reuters –– Convenience store operator Alimentation Couche-Tard is in the lead to acquire U.S.-based convenience store retailer CST Brands, according to two sources familiar with the matter. San Antonio-based CST owns and operates convenience stores and gas stations in Canada and the U.S., and it controls the general partner of gas station […] Read more

SunOpta pressured by shareholders after sluggish sales

Reuters – Canadian organic food company SunOpta Inc, already under pressure from U.S. hedge fund Tourbillon Capital Partners LP, is being prodded by a second activist shareholder to explore the sale of all or part of the company, according to sources familiar with the matter. Canadian hedge fund West Face Capital, which pushed SNC-Lavalin to sell […] Read more

(SunsetGrown.com)

Tomato producer Mastronardi said seeking buyer

Reuters — Mastronardi Produce, an Ontario grower and distributor of hothouse tomatoes, peppers and cucumbers, is exploring a sale it hopes could value it at as much as $900 million, including debt, according to people familiar with the matter. Privately-held Mastronardi has hired Bank of Montreal (BMO) to run an auction process, the people said […] Read more