Unilever Ice Cream Demerger Delayed
Unilever has postponed the demerger of its ice cream business, The Magnum Ice Cream Company, due to delays in the US.
The spin-off, originally set for November 10, now faces uncertainty amid tensions with Ben & Jerry's founders.
The reason for the delay appears to be the US federal government shutdown on October 1, which affected the administration side of The Magnum Ice Cream Company's IPO.
No new date has been announced for the demerger.
Author's summary: Unilever delays ice cream demerger.
- Date of original demerger: November 10
- Reason for delay: US federal government shutdown
- Affected company: The Magnum Ice Cream Company