General Mills Advances Accelerate Strategy with Acquisition of Whitebridge Pet Brands’ North American Premium Cat Feeding and Pet Treating Business
General Mills, Inc. (GIS)
Last general mills, inc. earnings: 3/18 07:00 am
Check Earnings Report
US:NYSE Investor Relations:
investors.generalmills.com
Company Research
Source: Business Wire
Acquisition complements General Mills’ position in fast-growing U.S. pet food category MINNEAPOLIS--(BUSINESS WIRE)--General Mills, Inc. (NYSE: GIS) today announced it has entered into a definitive agreement to acquire Whitebridge Pet Brands’ North American premium Cat feeding and Pet treating business from NXMH in a transaction valued at $1.45 billion. The business, which includes the Tiki Pets and Cloud Star portfolio of brands, is a growth leader in the Cat feeding and Pet treating segments, which collectively make up $24 billion in retail sales within the broader $52 billion U.S. pet food category. With this transaction, General Mills further advances its Accelerate strategy, with a focus on its core markets, global platforms and local gem brands to drive sustainable, profitable growth and top-tier shareholder returns over the long term.“Acquiring the Tiki Pets and Cloud Star portfolio strengthens our commitment in the Pet space,” said Jon Nudi, group president, North America P
Show less
Read more
Impact Snapshot
Event Time:
GIS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GIS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GIS alerts
High impacting General Mills, Inc. news events
Weekly update
A roundup of the hottest topics
GIS
News
- Cheese Snacks Market Report 2025-2030, Featuring Profiles of Sargento Foods, Mars, UTZ Quality Foods, General Mills, EnWave, Amy's Kitchen, Rich Products, The Kraft Heinz Company, ITC and Godrej [Yahoo! Finance]Yahoo! Finance
- US Blue-Chip Bond Issuance Reaches Second-Highest Level Ever [Yahoo! Finance]Yahoo! Finance
- General Mills Quarterly Dividend DeclaredBusiness Wire
- General Mills, Inc. (NYSE: GIS) had its price target lowered by analysts at Wells Fargo & Company from $77.00 to $70.00. They now have an "equal weight" rating on the stock.MarketBeat
- How is General Mills Strengthening its Hold on the Pet Food Market? [Yahoo! Finance]Yahoo! Finance
GIS
Earnings
- 9/18/24 - Beat
GIS
Sec Filings
- 11/21/24 - Form 8-K
- 11/20/24 - Form 424B5
- 11/19/24 - Form 4
- GIS's page on the SEC website