General Mills acquires Pillsbury, Old El Paso and Häagen-Dazs (North America)
General Mills bought Pillsbury from Diageo, roughly doubling its size. The Federal Trade Commission required the divestiture of Pillsbury's dessert and specialty products business to International Multifoods before clearing the deal.
- Value
- $10.5bn
- Buyer
- General Mills
- Seller
- Diageo
- Regulatory
- None recorded