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Unilever completes ice cream demerger with Magnum set to list
Yahoo Finance· 2025-12-08 07:43
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 ...
Fed Prepares Rate Cut Amid Corporate Battles and Shifting Middle East Diplomacy
Stock Market News· 2025-12-07 14:38
Key TakeawaysThe Federal Reserve is widely anticipated to implement a 25-basis-point interest rate cut at its upcoming December 9-10 meeting, despite significant internal divisions among policymakers regarding the U.S. economic outlook.Ben & Jerry's co-founders are advocating for the brand's independence from Unilever (UL, UNLYF) as the conglomerate prepares to spin off its ice cream business into The Magnum Ice Cream Company, citing concerns over the erosion of social justice values.Middle East diplomatic ...