Summary
DAIRY Crest has sold its 49% stake in the UK arm of yoghurt group Yoplait, booking a profit of Pounds 50 million that it will use to pay down sizeable debts.
The milk and butter outfit has been slowly recovering from a profit warning last November which hit the shares hard. In a trading update today, Dairy Crest said its products are doing well in a tough market.See the full content of this document
Extract
Yoghurt Stake Sell-Off Cuts Dairy Crest Debts
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