Venezuela's Takeovers of Food Producers Won't Affect Plumrose, Owners Say

The Danish owner of Venezuela's largest meat company, East Asiatic Co. A/S, said the recent nationalizations of food producers in the South American country won't significantly affect the markets in which Plumrose Latinoamericana C.A. operates. T he Venezuelan government's recent purchases of food companies have all been ``on commercial conditions,'' EAC said in a statement late Tuesday to the Copenhagen stock exchange.