General Mills will sell its North America yogurt business to French dairy firms Groupe Lactalis and Sodiaal in a $2.1 billion ...
General Mills said it agreed to sell its North American yogurt business, including its Yoplait brand, to two French dairy ...
Net sales in the first quarter dipped 1% to $4.85 billion from $4.9 billion a year ago, with organic net sales also ...
General Mills, a mature cash cow, generates over $20B in annual revenue. Read more to see why I have a neutral stance on GIS ...
General Mills posted a smaller-than-expected drop in quarterly sales on Wednesday, benefiting from improved demand as the ...
Breakfast and snack food giant General Mills reported lower sales and profits compared to the same quarter a year ago, as ...
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 ...
Following the completion of the transactions, the US and Canadian businesses will operate independently, with Lactalis ...
Recommended Reading General Mills to sell North American yogurt business for $ ... Earlier this month, the company announced ...
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 ...
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.
In a press release, General Mills announced that it would be selling its North American Yogurt business, which includes ...