Uruguay antitrust regulator blocks Mexican breadmaker Bimbo's purchase of Pagnifique-April 2024-www.financetom.com

Uruguay antitrust regulator blocks Mexican breadmaker Bimbo's purchase of Pagnifique

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Uruguay antitrust regulator blocks Mexican breadmaker Bimbo's purchase of Pagnifique

May 21, 2024 3:35 PM

MONTEVIDEO, May 21 (Reuters) - Uruguay's antitrust

regulator blocked Mexican breadmaking giant Bimbo's planned

purchase of local breadmaker Pagnifique on Tuesday, citing risks

to market concentration if Bimbo were able to carry out the

deal.

Bimbo can now appeal the decision.

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