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Canada Milk Giant Has Plant-Based Beverage Maker in Its Sights

Canadian dairy giant Saputo Inc. is considering an acquisition to tap growing demand for plant-based beverages.

After several acquisitions in the past two years, the Montreal-based company still has room on the balance sheet and is looking at three or four potential deals, including buying a plant-based beverage company, Chief Executive Officer Lino Saputo Jr. said in a telephone interview.

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