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HEINZ TO ACQUIRE BORDEN FOODS BUSINESSES

H.J. Heinz Company of Pittsburgh, PA has signed an agreement to purchase the pasta sauce and dry bouillon and soup businesses of Borden Foods Corporation of Columbus, OH. The acquisition includes Borden's Classico pasta sauces, Aunt Millie's pasta sauces, Mrs. Grass recipe soups, Wyler's bouillons and soups in the U.S. and its Catelli, licensed Gattuso and Bravo pasta sauce brands in the Canadian market. Financial details were not disclosed.

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