AUSTRALIA/UK: ABF buys out George Weston Foods
UK food manufacturer Associated British Foods is to buy the remaining 18.75% stake in Australia's George Weston Foods that it does not already own. George Weston Foods makes bread and biscuits including Tip Top, Ryvita, Wagon Wheels and Chocolate Wheatens. Shares in the company will be delisted from the Australian Stock Exchange and the company will become a wholly-owned subsidiary of ABF, which is based in London.
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