Skip to main content

Report: General Mills buying Brazilian food company for $1.16 billion

A local newspaper in Brazil quotes an anonymous source who says the Minnesota food giant is buying Yoki, a family-run company that produces cereals, snack foods and other products.
  • Author:
  • Updated:
    Original:

A local newspaper in Brazil quotes an anonymous source who says the Minnesota food giant is buying Yoki, a family-run company that produces cereals, snack foods and other products.

Next Up

Blaine VFW video screengrab crop N West Twitter

Authorities now looking into MN lawmaker's report of assault

Video shows Rep. Nolan West being grabbed and pushed out of a public event.

TajPharmaImages WIkimedia Commons ivermectin

COVID treatments: Essentia Health to help test 3 existing meds

The clinical trial includes the much-discussed drug ivermectin.

Screen Shot 2022-01-24 at 3.48.57 PM

Suspect crashes into Minneapolis snow plow, fires shots at plow driver

The plow driver was pulled to the side of the road when the incident happened.

cold Minneapolis

Coldest day of the winter is possible this week in Minnesota

An air temp of -30F isn't out of the question too far from the metro.

polley freeborn county jail roster jan 2022 resize

District fires school counselor accused of sexually assaulting student

He's been charged with felony criminal sexual conduct.

Moorhead family

Authorities pinpoint source of CO that killed family of 7

The victims, all members of Hernandez-Pinto family, were found dead in a Moorhead home.

polymet mining

Court issues mixed ruling on PolyMet, orders more analysis on water permit

The court, however, overruled several challenges to the permit.

SPPD Kua person of interest 01-24-2022

Police release images of woman driving stolen Audi that had puppy inside

It's not clear whether she was involved in the vehicle theft.

J R Jones - Anoka County Jail 2021.10.16 - Resize crop

Fatal hit-and-run driver can avoid prison time with plea deal

He was charged with striking and killing a 56-year-old who was walking her dog.

Screen Shot 2022-01-24 at 11.21.49 AM

Alex Rodriguez: 'I'm not a Packers fan'

He was at Lambeau screaming "Cheese!" and "Let's go!" during the playoff game against the 49ers.

Related

General Mills acquires snack foods maker Food Should Taste Good

General Mills did not disclose the financial terms of the deal. The Massachusetts-based natural snack foods company makes tortilla chips and sweet potato chips.

General Mills gives peek at next products, including peanut butter Cheerios

"Frosted Toast Crunch" is also one of about 50 new products the Twin Cities food giant plans to launch in 2012. The new cereals should be showing up on shelves in the next few weeks. The Pioneer Press has more.

'Fruit Suit' against General Mills will go forward

Golden Valley-based General Mills is accused of incorrectly describing the ingredients of its fruit snacks as having 'real fruit.' The federal lawsuit is one of many recent suits accusing food companies of advertising products as being healthier than they are.

General Mills profit rises on Yoplait, snack food acquisitions

Golden Valley-based General Mills Inc. says that its fiscal first-quarter profit went up 35 percent, with acquisitions lifting sales, the Associated Press reports. The results in the latest quarter were aided by the food maker's purchase of a controlling stake in Yoplait International and Food Should Taste Good, a natural snack foods company.

6th annual Reputation Institute study ranks General Mills No. 1

The Minneapolis-based food giant had the best scores in Products & Services, Governance and Leadership as well as Citizenship. It beat out Kraft Foods, Johnson & Johnson, Kellogg's and Amazon, all in the top five. General Mills held the No. 15 spot last year.

General Mills to cut sugar, salt in breakfast cereals

Minnesota-based General Mills and Nestlé SA will cut sugar and salt in the children's breakfast cereals they jointly market outside North America, which is the latest attempt by major food companies to respond to health concerns, Reuters reports.