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Dynamic quotes 
OFFON

GENERAL MILLS, INC.

(GIS)
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Cérélia SA agreed to acquire Branded and private label dough business in Germany including the Knack & Back and Jus-Rol brands from General Mills, Inc..

11/24/2021 EST

Cérélia SA agreed to acquire Branded and private label dough business in Germany including the Knack & Back and Jus-Rol brands from General Mills, Inc. (NYSE:GIS) on November 24, 2021. In related transactions, Cérélia SA agreed to acquire Branded and private label dough businesses in UK and Ireland, including the Knack & Back and Jus-Rol brand from General Mills, Inc. on November 24, 2021. Transaction is subject to appropriate labor consultations, regulatory approvals, and other customary closing conditions. Each of the transactions is expected to close by the end of fiscal 2022. Alex Kay and André Pretorius including corporate team comprised (at various stages) Laura Ackroyd, Shaun Williamson and Hugh Bannister, Harriet Sykes, Hannah Brown and Sophie Stevens; the antitrust team included Marcel Nuys and counsel Florian Huerkamp, and Sam Poole and Christon Shenolikar; the wider team included Jonathan Turnbull and Andrew Wells from London IP, Rüdiger Hoffmann and Daniel Osmanovic from Germany Corporate, and Steffen Hoerner and Wladimir Leonhard from Germany Tax of Herbert Smith Freehills Germany LLP acted as legal advisors to General Mills in the transaction.


© S&P Capital IQ 2021
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Analyst Recommendations on GENERAL MILLS, INC.
More recommendations
Financials (USD)
Sales 2022 18 829 M - -
Net income 2022 2 292 M - -
Net Debt 2022 11 694 M - -
P/E ratio 2022 18,4x
Yield 2022 2,98%
Capitalization 41 778 M 41 778 M -
EV / Sales 2022 2,84x
EV / Sales 2023 2,81x
Nbr of Employees 35 000
Free-Float -
Chart GENERAL MILLS, INC.
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General Mills, Inc. Technical Analysis Chart | MarketScreener
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Technical analysis trends GENERAL MILLS, INC.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 20
Last Close Price 69,26 $
Average target price 65,58 $
Spread / Average Target -5,31%
EPS Revisions
Managers and Directors
Jeffrey L. Harmening Chairman & Chief Executive Officer
Kofi A. Bruce Chief Financial Officer
Jodi J. Benson Vice President-International
Jaime Montemayor Chief Technology & Digital Officer
Stephen A. Odland Lead Independent Director
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