General Mills edged higher in Tuesday premarket trading after agreeing to sell its Brazil business, as investors appeared to support the portfolio reshaping move ahead of earnings.
This divestiture is part of General Mills’ strategy to reshape its portfolio, which is expected to enhance its operating profit margin while aligning with its Accelerate strategy, adding pressure as broader markets edged lower.
The financial terms of… [3177 chars]
Source: Benzinga | Published: 2026-03-17T12:53:00Z
Credit: Benzinga
