Oct 26 (Reuters) - Saputo Inc SAP.TO :
* SAPUTO TO ACQUIRE THE ACTIVITIES OF F&A DAIRY PRODUCTS IN THE UNITED STATES
* SAPUTO INC - PROPOSED DEAL FOR PURCHASE PRICE OF US$85 MILLION
* SAPUTO INC - PURCHASE PRICE WILL BE PAID IN CASH FROM CASH ON HAND AND AVAILABLE CREDIT FACILITIES