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September 01, 2020 1:37pm
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U.S. Cereal Company, Post Holdings Inc., Buying Weetabix Ltd. For $1.8 Billion

U.S. cereal company Post Holdings Inc. has agreed to buy Weetabix Ltd. from Bright Food Group Co. of China for 1.4 billion pounds (US$1.8 billion), adding the British breakfast staple to a portfolio that includes Grape Nuts and Honey Bunches of Oats.
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