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Market Chatter: General Mills Weighs Sale of Haagen-Dazs Business Outside North America

Market Chatter: General Mills Weighs Sale of Haagen-Dazs Business Outside North America

MT newswireMT newswire2026/11/05 17:04
01:04 PM EST, 11/05/2026 (MT Newswires) -- General Mills (GIS) is considering separating its Haagen-Dazs ice-cream business outside North America, The Wall Street Journal reported Thursday, citing people familiar with the matter. Planning is at an early stage, and General Mills could ultimately retain the business, the report said. General Mills owns and runs the Haagen-Dazs business outside of North America. Froneri, owned by private-equity firm PAI Partners, Nestle and the Abu Dhabi Investment Authority, operates Haagen-Dazs in the US and could be a logical buyer, according to the report. General Mills, Froneri, PAI Partners, Nestle and the Abu Dhabi Investment Authority did not immediately respond to MT Newswires' requests for comment. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.) Price: 36.18, Change: +0.32, Percent Change: +0.91
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