Ralcorp Explores Possible Sale of Remaining Stake in Post

Ralcorp Holdings Inc. (RAH) said it is examining the sale of its remaining stake in Post Holdings Inc. (POST) after spinning off the maker of Grape-Nuts and Alpha-Bits cereals earlier this year.

Ralcorp owns 6.8 million shares of Post’s common stock, the St. Louis-based company said today in a statement, representing about 20 percent of the total. Based on Post’s closing price yesterday of $29.49, the stake is worth about $201 million.

To contact the reporter on this story: Paul Jarvis in London at pjarvis@bloomberg.net;

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

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