Unilever to complete ice-cream spin-off this weekend
Unilever PLC (LSE:ULVR) said it will complete the demerger of its ice-cream arm, now renamed The Magnum Ice Cream Company (TMICC), on Saturday 6 December, with the new business set to begin trading on Monday 8 December in Amsterdam, London and New York. The update follows the publication of TMICC's prospectus for its listings on Euronext Amsterdam and the London Stock Exchange, and confirmation that its US registration statement has become effective ahead of a New York Stock Exchange debut.
Exclusive: Unilever-backed audit finds deficiencies in financial controls, governance at Ben & Jerry's Foundation
An audit of the Ben & Jerry's Foundation, a U.S.-based non-profit solely funded by the brand, found that it had deficiencies in financial controls and governance, according to Magnum, the Unilever unit set to be spun off next week that will own the ice-cream maker.
Leading investment bank frets over the flavour of Unilever's new ice cream spin-out
UBS is not buying the excitement around Unilever PLC's (LSE:ULVR) soon-to-list ice cream business, The Magnum Ice Cream Company (TMICC). The bank has a sell rating on the stock ahead of its debut on Monday, December 8, with a 12-month price target of 4,120p against a quoted price of 4,552p.
Exclusive: Unilever considers sale of British brands Marmite, Bovril, sources say
Unilever is considering selling a group of British food brands, including Marmite, Colman's and Bovril, three people with knowledge of the matter said, as the consumer goods group looks
Unilever: Ice cream and some hard arithmetic
Ice cream first, arithmetic later. UBS thinks the forthcoming spin-off of The Magnum Ice Cream Company (TMICC) leaves Unilever PLC (LSE:ULVR) with more moving parts than the market appreciates — and not much near-term help to earnings.
Unilever: Time to shine for the laggard food conglomerate?
Unilever PLC's (LSE:ULVR) investors have had little to shout about in recent years, but Barclays reckons 2026 could finally mark a turning point. The bank believes the consumer goods giant is on course to combine steady growth with rising profitability, arguing that margins of around 20% need not be viewed as a ceiling.
Unilever's Magnum Spinoff Sets Date for IPO After U.S. Shutdown Delay
The company will list on the Euronext Amsterdam, NYSE and London Stock Exchanges on Dec. 6, after finding a way to push forward despite the U.S. government shutdown.
Ben & Jerry's co-founder says Unilever 'stopped' ice cream company from creating a 'flavor for Palestine'
Ben & Jerry's co-founder Ben Cohen said he is creating his own Palestine-themed ice cream after Unilever allegedly "stopped" the company from making one.
Unilever Proves Consumer Staples Can Still Grow Volume
Unilever continues to outperform peers in volume growth, supported by emerging markets and driven by strong performance in the Beauty & Wellbeing and Personal Care segments. Despite FX headwinds, UL maintains strong free cash flow, manageable debt, and a reliable 3.3% dividend yield, supported by consistent payout ratios. The upcoming demerger of The Magnum Ice Cream Company will grant shareholders exposure to a global market leader in premium ice cream brands.
Unilever holds outlook steady as developed markets power Q3 growth
Unilever PLC (LSE:ULVR) kept its 2025 guidance unchanged and said it continued to outperform in developed markets in the third quarter, helped by stronger volumes in North America and a steadier showing in Europe. The consumer goods group still expects underlying sales growth of 3% to 5% for the year, with the second half ahead of the first, and a higher operating margin.
Unilever pushes back ice cream split due to US govt shutdown
Unilever PLC (LSE:ULVR) said splitting off its ice cream business is being hampered by the US government shutdown. The FTSE 100 group said it was revising its timetable as the shutdown extends to the US financial regulator but is still confident that the demerger will happen by the end of the calendar year.
Unilever: Magnum split could unlock value on both sides
Unilever PLC's (LSE:ULVR) decision to spin off Magnum has got the City talking. The frozen treats arm, soon to be listed under the catchy acronym TMICC, will begin trading on 10 November, and Barclays reckons it could be worth around €20 to €22 a share, or about €10 billion in total.
