Canada-Tyson Foods Inc complete sale of beef plant.

Tyson Foods says it has completed sale of Alberta company to XL Foods

Tyson Foods Inc. says it has completed the sale of its Lakeside Farm Industries operation in Alberta, Canada, to XL Foods Inc.

The sale of the plant at Brooks, Alberta _ one of Canada’s largest beef-processing operations _ was announced last June.

Tyson said at the time that the deal, denominated in Canadian dollars, was worth about $107 million. At the time, the values expressed in Canadian dollars represented approximately the same values in U.S. dollars, as the two currencies were trading near a 1-to-1 exchange rate.

However, since that time, the Canadian dollar has declined against the U.S. dollar. On Friday, when the deal was closed, the Canadian dollar was worth about 79 cents in U.S.