Following talks that began in March, General Millls has secured a deal worth £713.9 million to aquire French company Yoplait.

The deal will result in General Mills acquiring a 51 per cent stake in the yogurt brand. General Mills already has a working relationship with Yoplait, having manufactured and distributed Yoplait products in the US for the past 30 years.

Firms Barclays Capital and Freshfields Bruckhaus Deringer acted as advisors.

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