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General Mills selling North American yogurt operations

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General Mills has reached deals to sell its North American yogurt operations to French dairy firms Groupe Lactalis and Sodiaal for $2.1 billion.

Lactalis is buying the U.S. business, while Sodiaal is taking over the Canadian unit.

General Mills’ North American yogurt business had about $1.5 billion in net sales during fiscal 2024.

Read more CNN.

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