Sept 12 - GeneralMills (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 ...
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.
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 ...