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-1.88173394004264E-16 -1.88173394004264E-16 -1.88173394004264E-16 -1.88173394004264E-16 -1.88173394004264E-16 0.0254237288135592 0.0254237288135592 0.0254237288135592
Stock impact report

US yogurt outlook, food giants' volume challenge, Oatly claims progress – Just Food's week in data [Yahoo! Finance]

Oatly Group AB - American Depositary Shares (OTLY) 
Company Research Source: Yahoo! Finance
General Mills made the M&A headlines a couple of times in recent days, with one confirmed deal and one potential disposal said to be under consideration. Meanwhile, a number of the publicly-listed FMCG majors to report Q1 results this week have highlighted the lingering signs of weak spending among pockets of US consumers. And Oatly CEO Jean-Christophe Flatin claimed the alt-dairy business is making progress as the company reported narrowing first-quarter losses. Might General Mills sell again in yogurt? Three years ago, General Mills sold its controlling interest in its European yogurt operations to co-shareholder Sodiaal, a French dairy co-operative. The Cheerios and Nature Valley brands owner is now reportedly looking into the potential sale of its yogurt business in North America. According to Reuters , the US group has appointed investment banking group JPMorgan Chase to help it find new buyers for the assets. As part of the 2021 deal, General Mills fully acquired Show less Read more
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