General Mills agrees to sell Brazil business to 3corações

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General Mills to Sell its Business in Brazil

March 17, 2026 7:00 AM EDT

MINNEAPOLIS--(BUSINESS WIRE)-- General Mills, Inc. (NYSE: GIS) today announced it has entered into a definitive agreement to sell its business in Brazil to 3corações. The proposed transaction, which includes a portfolio of leading local brands including Yoki and Kitano, is expected to close by the end of calendar 2026, subject to receipt of requisite regulatory approvals and other customary closing conditions.

The sale reinforces General Mills priority to reshape its portfolio... More