FRANCE: Private-equity firm PAI "set to sell Yoplait stake"
By: just-food.com | 12 March 2010
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Yoplait sale rumoured |
Private-equity firm PAI Partners is reportedly planning to sell its 50% stake in French dairy business Yoplait.
According to reports in France, PAI, which owns Yoplait alongside French dairy giant Sodiaal, will sell its share of the business in June.
Officials at PAI and Yoplait could not be reached for immediate comment.
PAI acquired its stake in 2002 from Sodiaal, which was then Yoplait's sole owner and was faced with financial difficulties.
Sectors: Dairy
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