France's Lactalis wins regulatory approval for acquisition of General Mills' U.S. yoghurt business
June 2 (Reuters) - LACTALIS/GENERAL MILLS GIS.N:
Lactalis has won regulatory approval for its previously announced deal to buy General Mills' U.S. yoghurt business, the companies said on Monday.
The deal is on track to be completed at the end of June.
Last September, General Mills - whose brands include Cheerios - said it would sell its North America yogurt business to French dairy firms Groupe Lactalis and Sodiaal in a $2.1 billion deal.
Lactalis is buying the U.S. business while Sodiaal will buy the Canadian unit.
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