Analysts Speculate General Mills Likely To Be Overtaken By Investment Firm

Dec. 14, 2016

Brazilian multibillion-dollar investment firm, 3G Capital, is reportedly likely to target General Mills for its next acquisition, according to BakeryandSnacks.com. The investment firm has been reportedly raising as much as $10 billion for the acquisition. 

Euromonitor’s senior food analyst, Pinar Hosafci, told the source that General Mills is attractive due to its overlap with another recent acquisition by 3G. Hosafci also said that General Mills has been looking for ways to make itself more financially attractive.  

Earlier this month General Mills announced a new global organizational structure expected to impact approximately 400-600 positions world-wide.

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General Mills Inc.

May 6, 2013
General Mills is a leading global manufacturer and marketer of consumer foods products, with annual worldwide net sales of $14.9 billion. It has more than 100 U.S. consumer brands...