date:Jul 19, 2013
Nutresa, controlled by the Grupo Empresarial Antioqueno conglomerate, said it would finance the takeover of Chile's second-largest and privately held food processor with cash and a bank loan and complete the transaction by October.
This acquisition expands Grupo Nutresa's frontiers to Chile, a market that has a high level of food consumption per capita, is solid, profitable and stable economically and institutionally, Nutresa said in a statement.
Nutresa said it was paying the equivalent of 12