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Tags: Financial Markets | Infrastructure | Money | General Mills | Progresso | Helper | Bloomberg

General Mills Considers $3 Billion Sale of Progresso, Helper Brands: Bloomberg

Progresso soups
Progresso soup from General Mills, which is thinking of selling off that division as well as its Helper brands, for $3 billion, according to Bloomberg. (Dreamstime)

Thursday, 11 November 2021 02:36 PM

General Mills Incs is considering the sale of its soup brand Progresso and ready-to-eat meals label Helper for $3 billion, Bloomberg reported on Thursday, citing people with knowledge of the matter.

The Cheerios cereal maker is working with Goldman Sachs Group Inc for the potential sale, which also includes some of its smaller brands, the report said.

General Mills declined to comment on the matter.

© 2022 Thomson/Reuters. All rights reserved.


StreetTalk
General Mills Incs is considering the sale of its soup brand Progresso and ready-to-eat meals label Helper for $3 billion, Bloomberg reported Thursday.
General Mills, Progresso, Helper, Bloomberg
65
2021-36-11
Thursday, 11 November 2021 02:36 PM
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