General Mills in Talks for $2 Billion Sale of North America Yogurt Business.

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  • Additional Information
    • Subject Terms:
      GENERAL Mills Inc.; YOPLAIT USA Inc.
    • Abstract:
      General Mills Inc. is reportedly in advanced talks to sell its North American yogurt business, including the popular Yoplait brand, for over $2 billion. The potential buyers are French dairy companies Groupe Lactalis and Sodiaal. The discussions come as General Mills faces increased competition in the US yogurt market and seeks to focus on growth segments such as premium pet food and organic snacks. No final decision has been made, and representatives for the companies involved have not commented on the matter. [Extracted from the article]
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