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TMICC begins new life as global ice-cream leader in positive stock market debut
Yahoo Finance· 2025-12-08 14:14
Sales are more weighted to developed markets at 65% of total revenue versus 35% for emerging markets but TMICC also plans to put more leverage into advertising and promotional spending.For the time being, Unilever will retain a 19.9% stake in the demerged TMICC but that interest will be wound down gradually over five years, the parent company previously disclosed.In Amsterdam trading, Reuters put the valuation at $9.2bn as of a filing at 11:04am GMT today.“With our iconic brands, world-class capabilities, e ...