US EditionHaagen-Dazs Maker Froneri to Raise €4 Billion Debt as PAI Seeks to Keep Stake
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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.
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