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Industry News & Trends / Business & Markets / Mergers & Acquisitions / Latin America
on September 21, 2022

Bachoco committee: Shareholder buyout offer ‘reasonable’

Ad hoc committee formed in April to evaluate the offer

An ad hoc committee formed by Industrias Bachoco considers a recent buyout offer from select shareholders “reasonable,” the Mexico-based company announced in a securities filing.

In March, shareholders of the family of Robinson Bours, the founder of Bachoco, informed Bachoco’s board that it intended to launch a voluntary public

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