Archives for May 17, 2011

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Lactalis takeover bid rejected by Parmalat

By Helen Glaberson

Lactalis’ €3.4bn takeover bid for Italian dairy giant Parmalat has been rejected, following a “unanimous decision” by the firms’ board of directors in Milan yesterday.

General Mills signs Yoplait acquisition agreements

By Caroline Scott-Thomas

General Mills has entered into definitive agreements to acquire a 51 percent controlling interest in French yogurt maker Yoplait and a 50 percent stake in a related entity that holds the global Yoplait brands.