Latest news with #Froneri
Bloomberg
7 days ago
- Business
- Bloomberg
Haagen-Dazs Maker Froneri to Raise €4 Billion Debt as PAI Seeks to Keep Stake
Ice cream maker Froneri Ltd. is seeking around €4 billion ($4.6 billion) in debt to support a fund that would let co-owner PAI Partners hold onto its stake in the Nestle SA -backed joint venture and facilitate a dividend payment, according to people familiar with the matter. Banks are lining up financing for the UK-based maker of Haagen-Dazs after a request for proposals was sent out a few weeks ago, the people said, who asked not to be identified because the matter is private. The additional commitments would lift Froneri's total debt to about €9 billion, according to Bloomberg calculations.
NZ Herald
11-05-2025
- Business
- NZ Herald
Tip Top's profits jump under Froneri, $15m dividend payout revealed
Tip Top's global owners are starting to reap rewards from buying the ice cream business from Fonterra back in 2019, with latest accounts showing a tasty dividend payout. Fonterra sold Tip Top to UK-based Froneri for $380m in what was described as a 'bittersweet' moment for the New Zealand dairy
