Chavez Orders Acquisition Of Mexican Food Company

Fabiola Sanchez Associated Press Writer Manufacturing.Net

CARACAS, Venezuela (AP) — President Hugo Chavez’s government ordered the “forced acquisition” Thursday of a Mexican-owned food company that is one of the largest operating in Venezuela.

A notice in the Official Gazette announced the expropriation of the property and assets of Molinos Nacionales CA, or Monaca.

Monaca, which […]

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