Swiss-based food group Nestle has agreed to buy Australian pet food maker
Green's Foods for A$95 million (€56.5 million), Nestle said on Wednesday.
The activities purchased include one plant in New South Wales and around 100
employees, a Nestle spokesman said. "It is clearly something that complements
our strong presence in Australia," the spokesman said.
The transaction sill requires
shareholder approval and is expected to be concluded in January.
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