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General Mills Announces Agreement to Sell Helper and Suddenly Salad Businesses to Eagle Family Foods Group

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General Mills, Inc. (NYSE: GIS) today announced that it has entered into a definitive agreement to sell its Helper main meals and Suddenly Salad side dishes businesses to Eagle Family Foods Group, a portfolio company of Kelso & Company, in a cash transaction valued at approximately $610 million. The proposed transaction is expected to close in the first quarter of fiscal 2023, subject to regulatory approval.

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