date:May 09, 2013
Alexia Howard, an analyst with Sanford C. Bernstein Co., L.L.C., sees the soon-to-be spun-off WhiteWave Foods Co. as an acquisition target for General Mills, Inc.
In a note published May 2, Ms. Howard outlined the strength of the WhiteWave Foods product portfolio, specifically its Horizon Organic, Silk, International Delight and Alpro brands, and noted that WhiteWave has achieved a 10% compound annual growth rate over the past three years and a 20% C.A.G.R. for earnings before interest and tax