MONTERREY, Mexico & NEW YORK--(BUSINESS WIRE)--Fitch Ratings believes that the agreement reached by Grupo Bimbo S.A.B. de C.V. (Bimbo) to acquire 100% of the common shares of Panrico S.A.U. (Panrico) in Spain and Portugal is manageable with its current credit quality given the size of the acquisition, which is valued at EUR190 million. The transaction excludes the brands of the packaged bread category and includes well-positioned brands in the sweet baked goods, buns and rolls categories, as we
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