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Nestle eyes major ice cream partnership

Oct. 05, 2015 7:35 AM ETNestlé S.A. (NSRGY) StockNSRGYBy: Clark Schultz, SA News Editor
  • Nestle (OTCPK:NSRGY) is closing in on a major ice cream partnership, sources tell Reuters.
  • The company is expected to form a 50-50 joint venture with R&R Ice Cream in a €3B ($3.4B) tie-up.
  • R&R Ice Cream is the largest producer of ice cream in Europe by volume.

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