Maple Leaf Foods to spin off pork business into new public company

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Maple Leaf Foods Inc. says it plans to spin off its pork business into a new publicly traded company.

MISSISSAUGA, Ont. — Maple Leaf Foods Inc. announced plans Tuesday to spin off its pork business into a new publicly traded company.

“As separate companies, Maple Leaf Foods and the new pork company will each have exciting prospects, a sharpened execution focus with its own dedicated management team, and the financial independence to pursue its own value creation strategy,” Maple Leaf chief executive Curtis Frank said in a statement.

Maple Leaf will continue to be led by Frank, while the new pork company will be led by Dennis Organ, who joined Maple Leaf Foods in February 2023 as president, pork complex.

เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:

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ขอบคุณสำหรับความคิดเห็นของคุณ ความคิดเห็นของคุณจะถูกเผยแพร่หลังจากได้รับการตรวจสอบแล้ว

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Maple Leaf Foods to spin off pork business into new public companyMISSISSAUGA, Ont. — Maple Leaf Foods Inc. says it plans to spin off its pork business into a new publicly traded company.
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Maple Leaf Foods to spin off pork business into new public companyMaple Leaf Foods Inc. says it plans to spin off its pork business into a new publicly traded company.
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Maple Leaf Foods to spin off pork business into new public companyMISSISSAUGA, Ont. — Maple Leaf Foods Inc. announced plans Tuesday to spin off its pork business into a new publicly traded company. With the deal, Maple Leaf said it will be a more focused brand-led consumer packaged goods company.
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Maple Leaf Foods to spin off pork business into new public companyMaple Leaf Foods Inc. announced plans Tuesday to spin off its pork business into a new publicly traded company.
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