Summary
ULN Chart
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.
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Unilever PLC Sponsored ADR Profile
| - Industry | - Sector | Fernando Fernandez CEO | XMEX Exchange | US9047677045 ISIN |
| GB Country | 115,964 Employees | 7 Nov 2025 Last Dividend | 25 May 2006 Last Split | - IPO Date |
Overview
Unilever PLC is a global fast-moving consumer goods company with a broad reach across Asia Pacific, Africa, the Americas, and Europe. Founded in 1860 and headquartered in London, United Kingdom, it operates through five main segments: Beauty & Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream. These segments encompass a wide range of products including hair care, skin care, oral care, deodorants, home cleaning products, nutrition supplements, and ice cream. Unilever is known for its commitment to providing high-quality, everyday products designed to meet the needs and preferences of consumers worldwide. With a vast portfolio of popular brands, Unilever has established a strong presence in the global market, characterizing itself as a leader in the fast-moving consumer goods industry.
Products and Services
Beauty & Wellbeing: This segment offers hair care products (shampoo, conditioner, styling aids), skin care items (moisturizers for face, hand, and body), and prestige beauty and health & wellbeing products, including vitamins, minerals, and supplements.
Personal Care: Involves skin cleansing products like soaps and showers, various deodorants, and oral care products, including toothpaste, toothbrushes, and mouthwash, catering to everyday personal hygiene needs.
Home Care: Focuses on fabric care products such as washing powders and liquids, rinse conditioners, fabric enhancers, and a range of home and hygiene products, ensuring a clean and comfortable living environment.
Nutrition: Offers dressings like mayonnaise and ketchup, scratch cooking aids (soups, bouillons, seasonings), plant-based meats, beverages, and functional nutrition products (Horlicks, Boost), along with tea products, aiming to enhance dietary options and nutrition intake.
Ice Cream: Provides a wide array of ice cream products including in-home and out-of-home selections, catering to diverse tastes and preferences through flavors and formats, under internationally recognized brands.
The company's extensive product lineup is available under notable brands such as AXE, Ben & Jerry's, Cif, Clear, Closeup, Comfort, Cornetto, Dermalogica, Domestos, Dove, Dove Men+Care, Hellmann's, Horlicks, Knorr, LUX, Lifebuoy, Liquid I.V., Magnum, Nutrafol, OMO, Paula's Choice, Pepsodent, Pond's, Rexona, Sunlight, Sunsilk, Surf, TRESemmé, Vaseline, Wall's, Breyers, and Yasso, illustrating Unilever's diversified portfolio and its capability to cater to a wide range of consumer needs and preferences around the globe.
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