Saputo completes sale of majority stake in Argentina dairy operations

Corporate Action
โดย GlobeNewswire·Read original
Summary · why it matters

Saputo has completed the sale of an 80% interest in its Dairy Division (Argentina) to Gloria Foods, the dairy and food holding company of Grupo Gloria. The company received net proceeds of approximately $543 million, or $400 million USD, and retains a 20% ownership interest in the business. Following the transaction, the Argentina platform will continue to manufacture select products for Saputo, supporting its international product portfolio.

Impact on stocks 1

Cloud & Digital Infrastructure▲ · 1 stocks

Off-coverage companies 3

Saputo Inc.Private▲ Positive
Capitalrelevance

Saputo completes sale of 80% interest in Argentina dairy division, receiving $543M net proceeds

Gloria FoodsPrivate▲ Positive
Capitalrelevance

Gloria Foods acquires 80% stake in Saputo's Argentina dairy operations

Grupo GloriaPrivate▲ Positive
Capitalrelevance

Grupo Gloria's subsidiary acquires majority stake in Saputo's Argentina dairy operations

© 2026 MarketDXNews