NEW YORK (Reuters) - Ben & Jerry's accused its parent Unilever (LON: ULVR) of demanding its silence toward U.S. President Donald Trump, as it prepares to spin off the ice cream brand later this year.
The move ends months of speculation over how the company would move ahead with its plans to separate the business.
Consistency is not about one good year. We know there is a lot still to do," Unilever CEO Hein Schumacher said.
Consumer giant Unilever has said it plans to give its ice cream business a primary stock market listing in Amsterdam when it is spun off later this year, in another blow to London’s financial markets.
Profit after tax dropped 11 percent to 5.7 billion euros ($5.9 billion) compared with 2023, said the group whose products ...
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Last March, the London-listed company said it would spin off its ice cream unit, home to popular brands such as Magnum, with the process expected to be complete by the end of 2025. The group, whose ...