Grupo Bimbo targets Maple Leaf Foods in $2B action over Canada Bread acquisition

By Anosha Khan ( November 29, 2024, 4:26 PM EST) -- Grupo Bimbo, the Mexico-based owner of Canada Bread Co. Ltd., has filed a $2 billion claim against Maple Leaf Foods for alleged fraudulent and negligent misrepresentation during the process of selling Canada Bread to the plaintiff, or restitution for unjust enrichment, in connection with a long-running controversy over alleged bread price-fixing....