Nestle moves U.S. ice cream brands to Froneri in $4 billion deal
December 11, 2019 at 13:26 PM EST
Nestle has agreed to sell its U.S. ice cream business to Froneri, moving U.S. control of brands including Häagen-Dazs to the joint venture the Swiss group set up in 2016 with PAI Partners in a deal valued at $4 billion.