General Mills said today yesterday that it has entered into a definitive agreement to purchase a controlling stake in French yoghurt maker Yoplait for EUR810m (US$1.15bn).Under the agreement with Yoplait’s...

Cereal Partners Worldwide (CPW), a joint venture between General Mills and Nestlé, plans to invest CHF35m (US$39.8m) over the next two years to build a breakfast cereal factory in Malaysia. The factory,...

With the Easter bunny looming large, comedian and Jenny Craig ambassador Magda Szubanski, who has shed 25kg with the program, offered her tips this Easter for avoiding overindulging in the season’s...

General Mills yesterday booked a 1% increase in year-to-date earnings and sales and insisted that it expects growth to accelerate in the final quarter of the year.For the first nine months of fiscal 2011,...

General Mills is reportedly set to buy the 50% stake held in dairy business Yoplait by private-equity firm PAI Partners. According to reports in Le Figaro, The Wall Street Journal and from the Bloomberg...

Private-equity firm PAI Partners, which is in talks to sell its half of Yoplait, has said it wants to find the “right partner” for Sodiaal, the French dairy co-op that plans to keep its stake...

Private-equity firm PAI Partners has reportedly received nine bids for its 50% stake in global yoghurt business Yoplait. According to a report in French newspaper Le Journal du Dimanche yesterday (6 February),...

Cereal Partners Worldwide, a global joint venture of Nestlé SA and General Mills Inc, announced today that 44 of the company’s Australian cereal brands – including Uncle Toby’s, Cheerios...

General Mills has said that its new Australian acquisition Pasta Master is “a great fit” for the US food group’s operations in the country. The company announced on Tuesday that it had...

US food manufacturer General Mills has signed a contract to buy Pasta Master, a producer of chilled Italian meals, pasta and sauces based in Australia.The sale, which is expected to complete in March,...