Nestle in Advanced Talks With R&R on Ice Cream Joint VentureBy
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.
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