Magnum Ice Cream Company to hit markets following Unilever split.
Consumer goods giant Unilever announced on Friday that the demerger of its ice cream business, now named The Magnum Ice Cream Company, will complete on 6 December.
Unilever
05 December 2025 07:15:19
Source: Sharecast
Unilever said Magnum Ice Cream Company shares were expected to commence trading on Euronext Amsterdam, the London Stock Exchange, and the New York Stock Exchange on 8 December.
Following the demerger, Unilever said it plans to implement a share consolidation to maintain comparability of its per-share metrics, with the consolidation becoming effective on 9 December.
Unilever was forced to delay the demerger of its ice cream unit back in October due to the US federal government shutdown, which stalled a legal registration needed to list its shares in New York.
Halifax is not responsible for the content and accuracy of the Markets News articles. We may not share the views of the author. Understand the risks, please remember the value of your investment can go down as well as up and you may not get back the full amount you invest. We don't provide advice so if you are in any doubt about buying and selling shares or making your own investment decisions we recommend you seek advice from a suitably qualified Financial Advisor. Past performance is not a guide to future performance.
