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GIS
General Mills, Inc.

5/26/2012, 8:35 AM ET
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GIS Market Currents more »
  • Thursday 10:06 AM General Mills (GIS +0.7%) buys Brazilian firm Yoki Alimentos for 1.75B reais ($857M) in a deal that will help the company increase its presence in Latin American food markets. As part of the arrangement, the company will assume 200M reais ($98M) in outstanding debt.
    Comment!
    [M&A, Consumer]
  • Tuesday 9:25 AM General Mills (GIS) plans to cut 850 jobs as part of "a productivity and cost savings plan," which will lead to pretax restructuring charges of $109M. General Mills also reiterates its FY 2012 EPS guidance of $2.53-$2.55, excluding the latest and other one-time expenses. (PR)
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    Wed, Feb 15 • Bill Maurer • Comment!
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Company Description

General Mills, Inc. is a leading global manufacturer and marketer of branded consumer foods sold through retail stores. We are also a leading supplier of branded and unbranded food products to the foodservice and commercial baking industries. We manufacture our products in 15 countries and... More