Lala, General Mills Among Highest Yoplait Bidders, Echos Says

Grupo Lala SA and General Mills Inc. were among the highest bidders for PAI Partners’ stake in Yoplait, Les Echos said, citing people close to the matter that it didn’t name.

Both companies offered about 800 million euros ($1.09 billion), the newspaper said, less than Bright Food Group Co.’s 900 million-euro bid for the holding, the newspaper said. Groupe Lactalis bid 700 million euros and Fromageries Bel SA offered 600 million euros, Les Echos reported.

To contact the reporter on this story: Tom Mulier in Geneva at tmulier@bloomberg.net.

To contact the editor responsible for this story: Celeste Perri at cperri@bloomberg.net.

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