General Mills sells its Brazil business to 3corações for $350M in sales, closing by end of 2026. General Mills vende su negocio de Brasil a 3corações por $350M en ventas, cerrando a finales de 2026.

General Mills has agreed to sell its Brazil business to 3corações as part of its strategy to focus on core global brands and improve profitability. General Mills ha acordado vender su negocio de Brasil a 3corações como parte de su estrategia para centrarse en las principales marcas globales y mejorar la rentabilidad. The deal, expected to close by end of 2026, includes brands like Yoki and Kitano, along with supply chain facilities, and generated $350 million in net sales in fiscal 2025. El acuerdo, que se espera que se cierre a fines de 2026, incluye marcas como Yoki y Kitano, junto con instalaciones de la cadena de suministro, y generó $350 millones en ventas netas en el año fiscal 2025. Financial terms were not disclosed. Los términos financieros no fueron revelados. The company’s stock rose 0.35% in pre-market trading. Las acciones de la compañía subieron un 0,35% en las operaciones previas al mercado.