Nestle in Advanced Talks With R&R on Ice Cream Joint Venture

Updated on
  • JV would be established in 2016 and cover Europe, Africa
  • Move could lead to eventual exit, says analyst Schwendimann

Nestle SA, the world’s biggest food company, is in advanced talks with Britain’s R&R Ice Cream Plc to create a joint venture to run most of its ice cream business outside North America, a move that analysts said could presage an eventual exit.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.