Unilever’s Magnum Spin-Off Makes It A Less Bloated, More Predictable Stock (NYSE:UL)
Core Insights - Unilever has spun off its ice cream business, Magnum, into a separate company, resulting in a new stock appearing in the portfolio of investors [1] Company Developments - The spin-off of Magnum is a strategic move by Unilever to focus on its core business areas and potentially unlock value for shareholders [1]