Nestle weighs limiting presence in ice cream business, Bloomberg News reports

Nestle is exploring options for a smaller presence in the ice cream sector. This includes potentially reducing its stake in Froneri, a joint venture. Nestle might also sell some of its wholly-owned ice cream operations to Froneri. Froneri, a major ice cream maker, secured investment in October. PAI Partners could increase its stake, or another investor might buy Nestle's share.