There are no Focus articles on GRBMF.
There are no Transcripts on GRBMF.
There are no News articles on GRBMF.
Wed, Jul. 16, 7:01 AM
Wed, Feb. 12, 7:42 AM
Mar. 12, 2013, 2:48 AMHostess Brands will sell its snack-cake business to stalking-horse bidders Apollo Global Management (APO) and veteran food executive Dean Metropoulos after no other bids were received for the operations by yesterday's deadline, with rumored suitor Groupo Bimbo staying on the sidelines. Apollo and Metropoulos had offered $410M in January for the unit, which includes Twinkies, Cup Cakes and Suzy Q's. | 1 Comment
Mar. 11, 2013, 5:21 AMBidders have until 5 pm today to submit their offers for Twinkies and other Hostess Brands snack cakes, with a bankruptcy court auction set to take place on Wednesday. Stalking horse bidders Apollo Global Management (APO) and veteran food executive Dean Metropoulos could reportedly be joined by Hostess creditor Silver Point Capital and hedge-fund newcomer Hurst Capital in concert with other private-equity firms, as well as by Mexico's Grupo Bimbo (GRBMF.PK). | 1 Comment
Jan. 9, 2013, 5:55 AMApollo Global Management (APO) has reportedly joined up with veteran food executive Dean Metropoulos to potentially bid for Hostess Brands' snacks business. While Apollo has no food interests, Metropoulos has a record of making money for investors after taking on struggling food brands. A possible rival for the snacks ops is Mexico's Grupo Bimbo (GRBMF.PK), which is also interested in Hostess' bread brands. | Comment!
Jan. 6, 2013, 2:45 AMFlowers Foods (FLO) and Mexico's Grupo Bimbo are reportedly set to be the stalking horse bidders for Hostess Brands' bread ops, which the bankrupt company is likely to sell in at least two groups and which could fetch over $350M. Other possible suitors include Wal-Mart (WMT) and Kroger (KR). Wonder Bread, Nature's Pride, Home Pride, Merita and Butternut are among the brands on offer. | 6 Comments
Oct. 10, 2011, 1:59 PMSara Lee (SLE +1.7%) shares move up as the company slims down, agreeing to sell its fresh bakery businesses in Spain and Portugal to Mexico's Grupo Bimbo (GRBMF.PK) for €115M (~$156M) in cash. Sara Lee recently said it was "finalizing discussions" with the U.S. Department of Justice in the sale of its North American fresh bakery division to Grupo Bimbo. | Comment!
GRBMF vs. ETF Alternatives
Grupo Bimbo SAB de CV produces and sells bakery products. The Company produces breads, cookies, pies, pastries, sweet rolls, tortillas, tostadas, and snacks. The Company also makes appetizers, sweets, chocolates, jams, and other confections. Grupo Bimbo markets its products throughout the... More
Other News & PR