General Mills Sells Häagen-Dazs Shops in Mainland China

General Mills has agreed to sell its Häagen-Dazs ice cream shops in mainland China to an investor group led by local tea brand Ningji. This move marks General Mills' divestment of its retail ice cream operations in the region.

2 Jun, 03:19 — 2 Jun, 03:19

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FTVery High89d ago

General Mills sells Häagen-Dazs ice cream stores in China

Transaction is the latest in shift towards local management for well-known foreign brands

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Coverage Timeline

First report: bloomberg · 2 Jun, 02:26|Full coverage: 4 · 14h|Window: 14h

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bloomberg2 Jun, 02:26First to report

General Mills to Sell Mainland China Häagen-Dazs Ice-Cream Shops to Local Tea Brand Ningji - Bloomberg.com

FT2 Jun, 03:19

General Mills sells Häagen-Dazs ice cream stores in China

3h later

seeking-alpha2 Jun, 06:08

General Mills to sell Mainland China Häagen-Dazs shops to investor group led by Ningji

10h later

Yahoo2 Jun, 16:21Latest update

General Mills Sells Häagen-Dazs Shops in Mainland China

Sources

General Mills sells Häagen-Dazs ice cream stores in China

Coverage Timeline

General Mills to Sell Mainland China Häagen-Dazs Ice-Cream Shops to Local Tea Brand Ningji - Bloomberg.com

General Mills sells Häagen-Dazs ice cream stores in China

General Mills to sell Mainland China Häagen-Dazs shops to investor group led by Ningji

General Mills agrees to sell Häagen-Dazs shops in China to investor group

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