Following talks that began in March, General Millls has secured a deal worth £713.9 million to aquire French company Yoplait.
Round-up of today’s M&A deals
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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Round-up of today’s M&A deals
- Toshiba aquires Landis and Gyr
Sector: Manufacturing
Value: £2 billion
Advisers: Credit Suisse, Lazard, Deutsche Bank, Goldman Sachs
- Tubex aquired by Fiberweb
Sector: Manufacturing
Value: £5.1 million
Advisers: undisclosed
- KKR offer for German Telco Versatel
Sector: Manufacturing
Value: £259.5 million
Advisers: Bank of America Merrill Lynch, Latham & Watkins
