Mexico's Bimbo files $1.4 billion lawsuit against Maple Leaf Foods
- Mexico's Grupo Bimbo has filed a lawsuit against Maple Leaf Foods and former senior executives of the Canadian company, it said on Friday, seeking more than 2 billion Canadian dollars in damages.
The lawsuit is related to the 2014 sale of then Maple Leaf-controlled Canada Bread Company to Bimbo, the Mexican firm said in a statement, citing"fraudulent and negligent misrepresentation" during the sale process.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
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