Unilever completes ice cream demerger with Magnum set to list

Group 1 - The Magnum Ice Cream Company is finalizing its spinoff from Unilever with an Amsterdam listing, aiming to enhance productivity through a focused approach on ice cream [1] - Unilever completed the demerger on December 6 and is expected to announce the share consolidation ratio [2] - Magnum is now the world's largest standalone ice cream business, including brands like Wall's, Ben & Jerry's, and Cornetto, and has received admission to list on multiple stock exchanges [2] Group 2 - Magnum's CEO stated that the company has reached a "proud milestone" and will be "more agile, more focused, and more ambitious than ever" as an independent entity [3]