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Sovereign Wealth Funds Briefing - Categorized | Financials, Market

Yoplait says gets 9 prelim offers for 50 pct stake

Posted on 10 February 2011

From Reuters: France’s Yoplait has received nine preliminary offers for a half stake in the world’s second-largest yoghurt maker. France’s sovereign wealth fund, the Fond Strategique d’Investissement, may take a minority stake as part of a broader capital increase.
Private equity firm PAI Partners hired bankers last September to sell its stake, while Sodiaal, the French farming cooperative, pledged to retain the remaining 50 percent……………………………………….Full Article: Source


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