BRAZIL: Biscuit firm M. Dias Branco buys rival Pelagio

By: Paula Krizanovic | 5 January 2012

Brazilian biscuits market leader M. Dias Branco (MDB) has acquired local rival Pelágio Participações for BRL240m (US$130.2m).

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Brazilian biscuits market leader M. Dias Branco (MDB) has acquired local rival Pelágio Participações for BRL240m (US$130.2m).

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