Unilever completes ice cream demerger with Magnum set to list

LONDON, Dec 8 (Reuters) - The Magnum Ice Cream Company is set to finalise ​its long-awaited spinoff from Unilever on ‌Monday with an Amsterdam listing that will test investors' ‌sweet tooth. Unilever is shedding a business unit whose cold supply chain offered few synergies with other food brands in its portfolio, let ⁠alone Dove soap ‌and Axe deodorant, while Magnum is counting on a pure focus ‍on ice cream to unlock dormant productivity benefits. Unilever on Monday said it had completed the demerger ​on ...