(Bloomberg) Private equity firm PAI Partners is in the early stages of exploring options for its ice cream joint venture with Nestle SA that includes brands like Haagen-Dazs, according to people familiar with the matter.Most Read from BloombergLarge Backers of Private Equity Are Asking For Their Money BackCiti to Cut 20,000 Roles in Fraser’s Bid to Boost ReturnsBlackRock Buys Infrastructure Firm GIP for $12.5 Billion in Major Alternatives PushIran Wins With US Airstrikes on Houthis in YemenGo
Ozempic and Wegovy have been cheered for helping people shed unwanted pounds, but the findings of a recent poll underscore the challenges patients face.
Nestle CEO Mark Schneider has defended its strategy of building a lower-calorie product portfolio, stating that the threat of GLP-1 weight-loss drugs is less significant. The company now generates half of its revenue from coffee, pet care, and vitamins, a shift from 30% seven years ago. Schneider expects the vitamins, minerals, and supplements business to grow in the mid- to high-single digits.