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Nestlé considers selling its North American ice cream unit due to declining profits from a tainted formula recall and market struggles.
Nestlé is reportedly exploring the sale of its North American ice cream business amid declining profits driven by a costly infant formula recall and ongoing market challenges. The company is assessing strategic options to strengthen its financial position, with the ice cream division seen as a potential asset to divest. The recall, linked to contamination concerns, has impacted consumer trust and sales, contributing to pressure on overall performance.
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