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B G Foods halts sale of Green Giant business in Canada

Food Dive ·

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BGS B&G Foods Inc
$2.42 -0.41%
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  1. 1B G Foods has halted the sale of its Green Giant business in Canada to Nortera Foods.
  2. 2A Canadian competitor requested a block on the sale in August, claiming it could reduce competition.
  3. 3B G Foods will continue to seek other options, such as a sale or partnership, for the Green Giant Canada business.

So what's the key point?

B G Foods stopped its plan to sell the Green Giant business in Canada to another company. Due to concerns that it could reduce competition, the company is looking for other ways to move forward.

Source Food Dive · View original ↗

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