General Mills, Nestle Among Leading Bidders for Yoplait, Rep
General Mills (GIS) and Nestle (NSRGY) are mixed after the two food companies emerged among the leading bidders for the 50% stake in yogurt-maker Yoplait owned by PAI Partners, Bloomberg reported, citing four people familiar with the process. The two submitted offers valuing Yoplait at $2.2 billion, the report said. General Mills shares are down 0.83%, or $0.31, to $36.83. Nestle shares are up 0.14%.
Credit: Financial News Network
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