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Latest Caboclo Stories

2010-11-29 07:30:00

DOWNERS GROVE, Illinois, November 29, 2010 /PRNewswire-FirstCall/ -- Sara Lee Corp. (NYSE: SLE) announced today that it has signed an agreement to acquire Cafe Damasco, a coffee business based in the southern region of Brazil. The acquisition price represents a multiple of around one time annual sales. The transaction is expected to close on November 30 and will be filed with the Brazilian competition authorities for review and approval. With its premium positioned Damasco brand...