Brief: Maple Leaf Foods To Unlock Value As Purpose-Driven Consumer Packaged Goods Business, Spinning Off Its World-Leading Pork Business

Maple Leaf Foods

09/07/2024 11:16

July 9 (Reuters) - Maple Leaf Foods Inc  MFI.TO :
    * MAPLE LEAF FOODS TO UNLOCK VALUE AS PURPOSE-DRIVEN
CONSUMER
PACKAGED GOODS BUSINESS, SPINNING OFF ITS WORLD-LEADING PORK
BUSINESS
    * MAPLE LEAF FOODS INC: WILL RETAIN A 19.9% OWNERSHIP
POSITION IN
NEW PORK COMPANY
    * MAPLE LEAF FOODS: WILL CONTINUE TO BE LED BY CURTIS FRANK,
CEO;
ADAM GROGAN, COO; DAVID SMALES, CFO
    * MAPLE LEAF FOODS INC: DENNIS ORGAN TO BE INCOMING CEO OF
NEW
PORK COMPANY
    * MAPLE LEAF FOODS INC: ANTICIPATED CO TO DISTRIBUTE SHARES
OF NEW
PORK COMPANY AS DIVIDEND

Source text for Eikon:  ID:nPn8VrFvqa 
Further company coverage:  MFI.TO 

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