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Monday, March 7, 2011

RPT-Yoplait race narrows to six candidates-sources

The race to buy half of French yoghurt maker Yoplait has narrowed to six candidates, including Chinese group Bright Food, sources familiar with the matter told Reuters on Monday. Private equity group PAI Partners said it was continuing talks with a significant number of candidates for its 50 percent stake in Yoplait. It hopes to pick a winner by the end of the month, a PAI spokesman said. The stake could be worth around 800 million euros ($1.1 billion), a source close to the matter said.

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