COLD GOLD

ADIA scoops up chunk of Häagen-Dazs in $4.2 billion Froneri deal

Besides Häagen-Dazs, which operates in more than 90 markets around the world, Froneri sells ice cream under the Oreo, Cadbury and Milka brands

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Eating ice cream at Haagen-Dazs in Shanghai

The UAE’s largest sovereign wealth fund is ordering a large and luscious scoop of Häagen-Dazs.

Teaming up with Goldman Sachs, the Abu Dhabi Investment Authority is investing in U.K.-based Froneri, owner of the premium ice cream maker, signing...