Sigma advances loan as Spanish acquisition takes shape

Sigma advances loan as Spanish acquisition takes shape

Loans

A 5-year loan for Mexico’s Sigma Alimentos, which has launched a joint acquisition bid for a European food maker, is expected to close at the end of January, LatinFinance understands. The senior unsecured facility had been heard at $1bn in December. It was unclear whether that would change after Hong Kong-based Shuanghui International joined Sigma’s bid for European meat company Campofrio Food Group. The pair already owns 82% of the Spanish firm. They are offering €6.90 a share in the tender, up

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