Story of the Week General Mills to sell North American yogurt business for $2.1B General Mills is selling its North American yogurt business to French dairy companies Lactalis and Sodiaal in cash transactions valued at an aggregate $2.1 billion. Lactalis will acquire the U.S. operation and Sodiaal the Canadian business. The deals are expected to […]
Story of the Week Nordstrom family group offers $3.8B to go private Nordstrom family members including CEO Erik Nordstrom and his brother Pete, who is president of the company, have teamed up with Mexican retail company El Puerto de Liverpool to buy the department store for $23 per share or $3.8 billion in cash. The […]