General Mills plans to sell its North America yogurt business, including Yoplait, for over $2B.

General Mills is considering selling its North America yogurt business, including the Yoplait brand, for over $2B. The Minneapolis-based food company is working with JPMorgan Chase to gauge interest from potential buyers like rivals and private equity firms. General Mills aims for a valuation of nearly 10x the unit's 12-month EBITDA of about $250M.

April 26, 2024
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