5 days ago
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Reuters
Mon, December 8, 2025 astatine 1:43 AM CST 1 min read
LONDON, Dec 8 (Reuters) - The Magnum Ice Cream Company is acceptable to finalise its long-awaited spinoff from Unilever connected Monday with an Amsterdam listing that volition trial investors' sweet tooth.
Unilever is shedding a concern portion whose acold proviso concatenation offered fewer synergies with different nutrient brands successful its portfolio, fto alone Dove soap and Axe deodorant, portion Magnum is counting connected a axenic absorption on crystal pick to unlock dormant productivity benefits.
Unilever connected Monday said it had completed the demerger on December 6 and expected to denote the stock consolidation ration aboriginal successful the day.
Magnum, present the world's largest standalone crystal pick concern and location to brands including Wall's, Ben & Jerry's and Cornetto, said it had received admittance to database connected Amsterdam's Euronext, the London Stock Exchange and New York Stock Exchange.
Magnum CEO Peter ter Kulve said that the company deed a "proud milestone" connected Monday and would beryllium "more agile, much focused, and much ambitious than ever" arsenic an autarkic listed company.
(Reporting by Alexander Marrow and Dimitri Rhodes; Editing by Bernadette Baum)
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