date:May 18, 2022
intends to fund the acquisition with cash on hand and short-term borrowings. The transaction is expected to close in the first quarter of fiscal 2023, subject to regulatory approval and other closing conditions.
Jones Day is serving as legal adviser to General Mills for the transaction. Evercore is advising TNT Crust and Goldman Sachs Co. LLC is co-advising; Kirkland Ellis is serving as TNT Crusts legal adviser.