PAI Partners Gets Nine Bids for Yoplait Stake

Private equity firm PAI Partners has received nine bids for its 50% stake in yogurt company Yoplait, Reuters reported, citing an article in French newspaper Journal du Dimanche. U.S. foodmaker General Mills and Switzerland's Nestle are among the bidders. Yoplait, the world's second-biggest yogurt maker, is half owned by PAI Partners and farming cooperative Sodiaal. PAI hired banks in September to find buyers for its stake, Reuters wrote.

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