General Mills to divest Häagen-Dazs retail outlets in China to investor group

General Mills announced an agreement to sell its Häagen-Dazs shops in China. The transaction involves an investor group that will acquire the retail locations. The deal was reported by Audacy. The sale includes all existing Häagen-Dazs stores operating in the Chinese market. General Mills aims to focus on its core product portfolio through the divestiture. The investor group will assume control of the Chinese retail operations. No financial terms of the agreement were disclosed. The completion timeline for the sale was not provided in the report.