General Mills will sell its North America yogurt business to French dairy firms Groupe Lactalis and Sodiaal in a $2.1 billion ...
Breakfast and snack food giant General Mills reported lower sales and profits compared to the same quarter a year ago, as ...
General Mills said it agreed to sell its North American yogurt business, including its Yoplait brand, to two French dairy ...
General Mills posted a smaller-than-expected drop in quarterly sales on Wednesday, benefiting from improved demand as the ...
Recommended Reading General Mills to sell North American yogurt business for $ ... Earlier this month, the company announced ...
General Mills, a mature cash cow, generates over $20B in annual revenue. Read more to see why I have a neutral stance on GIS ...
In a press release, General Mills announced that it would be selling its North American Yogurt business, which includes ...
Net sales in the first quarter dipped 1% to $4.85 billion from $4.9 billion a year ago, with organic net sales also ...
Sept 12 - General Mills (GIS.N), opens new tab will sell its North America yogurt business to French dairy firms Groupe Lactalis and Sodiaal in a $2.1 billion deal, the Cheerios maker said on Thursday ...
The U.S. business goes to Lactalis and the Canadian business to Sodiall – the French dairy cooperative Big G bought it from 47 years ago. Price for both pieces is $2.1 ...
Following the completion of the transactions, the US and Canadian businesses will operate independently, with Lactalis ...
The divestiture, which includes brands such as Yoplait and Go-Gurt, will allow the food giant to focus on faster-growing areas such as snacks and pet food.