Mexico's Bimbo files $1.4 billion lawsuit against Maple Leaf Foods

Maple Leaf Foods

29/11/2024 11:29

Nov 29 (Reuters) - Mexico's Grupo Bimbo  BIMBOA.MX  has
filed a lawsuit against Maple Leaf Foods  MFI.TO  and former
senior executives of the Canadian company, it said on Friday,
seeking more than 2 billion Canadian dollars ($1.43 billion) in
damages.
    The lawsuit is related to the 2014 sale of then Maple
Leaf-controlled Canada Bread Company to Bimbo, the Mexican firm
said in a statement, citing "fraudulent and negligent
misrepresentation" during the sale process.
    Maple Leaf did not immediately respond to a request for
comment.

($1 = 1.3997 Canadian dollars)

 (Reporting by Natalia Siniawski; Editing by Gabriel Araujo)
 ((natalia.siniawski@thomsonreuters.com;))