Overview
- The company revised the timetable for The Magnum Ice Cream Company’s multi‑market debut and said it cannot set a new date yet but remains on track to separate in 2025.
- The SEC is currently unable to declare TMICC’s U.S. registration effective, preventing admission to trading on the New York Stock Exchange during the funding lapse.
- Shareholders approved the post‑consolidation required for the demerger, though completion of those mechanics will also be delayed.
- TMICC is slated for a primary Amsterdam listing with secondary listings in New York and London, housing Magnum, Ben & Jerry’s, Cornetto and Wall’s.
- The ice‑cream unit reported €4.6bn in first‑half 2025 revenue, up 5.9%, with Unilever planning to retain about a 20% stake for up to five years as Peter ter Kulve and Abhijit Bhattacharya lead the business.