General Mills to sell Häagen-Dazs shops in mainland China to Ningji group
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General Mills to Sell Häagen-Dazs Shops in Mainland China to Investor Group Including Ningji
June 1, 2026 7:00 PM EDTMINNEAPOLIS--(BUSINESS WIRE)-- General Mills, Inc. (NYSE: GIS) today announced that it has entered into a definitive agreement to sell its Häagen-Dazs shops in Mainland China to an investor group including Ningji, a Chinese company that operates one of the fastest growing tea brands in China with a network of more than 3,000 premium quick-service retail tea shops. As part of the agreement, the buyer will receive an exclusive license from General Mills to use... More
