General mills announces agreement to sell helper and suddenly salad businesses to eagle family foods group

Minneapolis--(business wire)--general mills, inc. (nyse: gis) today announced that it has entered into a definitive agreement to sell its helper main meals and suddenly salad side dishes businesses to eagle family foods group, a portfolio company of kelso & company, in a cash transaction valued at approximately $610 million. the proposed transaction is expected to close in the first quarter of fiscal 2023, subject to regulatory approval. “with this divestiture, we are continuing to reshape
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