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The Bonduelle Group announces that it has entered into exclusive negotiations with the institutional investors Fonds de solidarité FTQ and Caisse de dépôt et placement du Québec (CDPQ).
The aim is for these investors, to acquire 65% of Bonduelle Americas Long Life (BALL) and based on a 100% enterprise value of C$ 850 million (approximately € 625 million), representing a 2020-2021 EBITDA multiple of 8.2x.
Source: bonduelle.com