BNN assesses the decision of George Weston Ltd. to find a buyer for its 139-year-old Weston Foods bakery division. In a release early Tuesday, the Toronto-based conglomerate announced it launched a process to divest its bakery unit after a strategic review conducted by its board of governors. It also announces that Loblaw President Sarah Davis will resign in May from that position. She will be replaced by Galen G Weston, who will hold all the top titles including Chairman and Chief Executive of George Weston.
