Canada Bread said it agreed to sell its fresh prepared sandwich business to Premium Brands Holding Corp to focus on its core fresh bakery and pasta businesses. Canada Bread, which is 90 percent owned by Maple Leaf Foods Inc , said the transaction is expected to close on Feb 18. The value of the deal was not disclosed. The fresh prepared sandwich business, which includes production and distribution facilities in Ontario and Quebec, employs about 280 people, Canada Bread said in a statement.
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