The deal grants exclusive brand licensing rights in Mainland China as General Mills continues restructuring its global Häagen-Dazs retail operations.
The chocolate maker plans annual capital investments of up to CHF 350 million while prioritizing North America and strengthening its customer-focused growth strategy.
Tiger Brands is divesting the Beacon brand and chocolate manufacturing assets as part of a broader strategy to simplify operations and focus on higher-margin growth segments.
Dhampur Sugar Mills reported higher FY26 profit and revenue growth, supported by strong sugar and spirits performance, while declaring an interim dividend and expanding investments.
Bannari Amman Group reported strong FY26 earnings growth driven by improved sugar segment profitability, lower tax expenses, and ongoing investments in sugar and ethanol expansion.