General Mills sells Snack Ventures Europe stake for $750 million
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MINNEAPOLIS - General Mills announced Monday that it is selling its stake in a European snack operation to PepsiCo for $750 million.
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Drinks giant Diageo today raised 2.26 billion US dollars (Â£1.27bn) after selling a further chunk of shares in Cheerios cereal maker General Mills.
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Drinks giant Diageo said it had raised 2.26 billion dollars (1.84 billion euros) from the sale of 49.9 million shares in US food company General Mills Inc.
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Diageo Plc, the world&#39;s biggest liquor company, raised $2.26 billion by selling 49.9 million shares of General Mills Inc., the No.
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LONDON, October 5  - Diageo Plc (GUI.FSE) has raised $2.26 billion (â¬1.84 billion) from the sale of more than half of its stake in the US-based cereal maker, General Mills Inc.
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Drug maker GlaxoSmithKline, which has co-US headquarters in Philadelphia and Research Triangle Park, has acquired exclusive rights to a potential diabetes treatment in a deal that could be worth more than $180 million.
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General Growth Properties is going mall shopping, as it announced plans Friday to buy shopping mall owner The Rouse Co.
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The Pinnacle Foods Group, the privately held owner of Duncan Hines baking mixes, Swanson frozen dinners and Vlasic pickles, has agreed to be acquired by a group of investors for about $1.3 billion, the company said yesterday.
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General Electric Co. said Monday it will sell a majority stake in its global outsourcing business to two US-based equity firms for $500 million.
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INDIANAPOLIS -- Simon Property Group Inc. and Farallon Capital Management LLC said Monday they are offering $24 per share in cash, or more than $1.5 billion, for mega-mall developer Mills Corp, topping a previous $1.35 billion deal from Canadian investor Brookfield Asset Management.
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General Mills Inc. (GIS.N: Quote, Profile, Research) , the No. 2 US cereal maker behind Kellogg Co. (KN: Quote, Profile, Research) , on Thursday said all its breakfast cereals would now
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GLG Partners LP, one of Europe's largest hedge funds, said Monday it is selling itself in a $3.4 billion reverse takeover (2.5 billion euros) that will give it access to the U.S. stock market.
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General Mills Inc. on Thursday said it will begin using whole grains in all of its breakfast cereals, including such well-known brands as Lucky Charms and Trix, becoming
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French food group Danone  is in exclusive talks to sell its biscuit and cereal unit for 5.3 billion euros ($7.2 billion) in cash to Kraft Foods Inc , the world's biggest cookie maker, they said on Tuesday.
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Diageo is looking to sell part of its stake in General Mills Inc. The drinks giant announced yesterday (4 October) that it plans to sell around 33.
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Advertising giant WPP is to buy US firm Grey Global, in a deal which could be worth as much as Â£750m ($1.3bn). The UK-based group won the auction for Grey Global, the seventh-largest advertiser in the US, against
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General Electric Co. said Monday it will sell 60 percent of GE Capital International Services, its global outsourcing business, to General Atlantic Partners and Oak Hill Capital Partners, two US-based equity firms, for $500 million.