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Saputo Inc.

03:31 PM EST - Saputo Inc. : completed today the transaction announced on February 17, and acquired Fairmount Cheese Holdings, Inc., the parent company of DCI Cheese Company, Inc. The purchase price of $270.5 million U.S. on a debt-free basis was paid in cash from liquidity and by drawing on available lines of credit. Saputo Inc. shares T.SAP are trading down $0.11 at $42.85.