Saputo Enters Agreement to Sell its United Kingdom Operations
Saputo entered into a definitive agreement to sell its UK Dairy Division to Lactalis for an enterprise value of approximately £988 million. The divested unit generated $1.2 billion in revenue over the last four quarters, representing about 7% of Saputo's consolidated revenues.
Key figures
- Division revenue usd
- $1.2 billion
- Enterprise value gbp
- £988 million
- Revenue consolidated percent
- 7%
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