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General Mills to Sell its Business in Brazil
General Mills, Inc. (NYSE: GIS) today announced it has entered into a definitive agreement to sell its business in Brazil to 3corações. The proposed transaction, which includes a portfolio of leading local brands including Yoki and Kitano, is expected to close by the end of calendar 2026, subject to receipt of requisite regulatory approvals and other customary closing conditions.
The sale reinforces General Mills’ priority to reshape its portfolio to generate long-term profitable growth, in line with its Accelerate strategy. The transaction increases the company’s operating profit margin and enhances the International segment’s focus...
USDA Announces New Partnerships to Advance MAHA Agenda
Today, US Secretary of Agriculture Brooke L. Rollins, joined by US Secretary of Health and Human Services Robert F. Kennedy. Jr., and National Nutrition Advisor at the US Department of Agriculture (USDA) Dr. Ben Carson announced the USDA's commencement of the Dietary Guidelines for Americans Strategic Partnerships, an effort which encourages the private sector to participate in educating the American people about the importance of the Guidelines and how they serve as the foundation to better eating...
Campbell’s Acquisition of La Regina Announced Alongside Earnings
On December 9, The Campbell’s Company officials announced plans to acquire a majority stake in an Italian tomato processor called La Regina Di San Marzano, according to the company’s latest earnings report. By the second half of 2026, the acquisition will be complete after two payments toward the total $286 million valuation, according to Campbell's leaders.
The company entered into definitive agreements to acquire a 49% interest in La Regina, the producer of Rao’s tomato-based pasta sauces...
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