Yoplait shareholders PAI Partners and Sodiaal received “indicative” offers from nine companies for PAI’s stake and will announce a shortlist of bidders in the coming days.
The potential buyers for the 50 percent stake include French and foreign companies, financial investors and food companies, the owners said in a statement today.
Bright Dairy & Food Co. is among companies that made an offer, according to a person familiar with the matter who declined to be identified because the person was not authorized to speak publicly. The Shanghai-based company’s bid values Yoplait at 1.7 billion euros ($2.3 billion), said the person. Nestle SA, General Mills Inc. and Groupe Lactalis also submitted bids, Le Journal du Dimanche reported Feb. 6.
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