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Nestle selling ice cream business after recall hit
Daily Express
|February 20, 2026
NESTLE is in advanced talks over the sale of its remaining ice cream business as it indicated profits took a £71.9million hit from baby formula recalls.
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The Swiss giant confirmed negotiations on selling the ice cream business to Froneri, a venture with private equity firm PAI Partners — which owns brands such as Haagen-Dazs. The talks come as Nestle also starts the pro
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