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SPAIN: ABF acquires Ebro Puleva's sugar unit.

Publication: just-food.com
Publication Date: 17-DEC-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Byline: just-food.com

Associated British Foods today (15 December) confirmed that it has reached an agreement to acquire Azucarera Ebro, the Spanish sugar business of Ebro Puleva, for EUR385m (US$518.7m).

The full consideration will be paid in cash, with EUR20m of the payment to be deferred over two years, ABF...

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