Grupo Bimbo, Sara Lee

(October 31, 2011) -- The Justice Department has reached a settlement over a merger of Grupo Bimbo, a Mexican company that controls Delaware-based BBU, and the U.S.-based Sara Lee Corporation. It requires the firms to divest some brands of sliced fresh bread to proceed with Grupo Bimbo’s acquisition of Sara Lee’s North American Fresh Bakery business....

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