PAI Partners is said to be ready to sell Yoplait stake

PAI Partners is said to be ready to sell Yoplait stake

The two owners of French yoghurt maker Yoplait have reportedly struck a deal on the future of the business.

According to a report today in French daily La Tribune, dairy co-op Sodiaal has agreed to the plans of private-equity partner PAI Partners has to offload its stake in Yoplait.

Both sides own 50% of Yoplait but PAI Partners is reported to be ready to quit the venture. Sodiaal wants to keep a stake in Yoplait and, according to La Tribune, could sell part of its shareholding to a new partner and become a minority investor.

PAI Partners and Sodiaal did not return requests for comment.