Is It a Good Time to Invest in Unilever?

The consumer goods giant is about to carve out its €8 billion-plus ice cream division with a plan to grow its beauty and personal care categories

What will life at Unilever look like without ice cream? That is the question investors are asking as the consumer goods giant prepares to spin off its ice cream business, which comprises Magnum, Ben & Jerry’s and Viennetta, by mid-November.

The division, which accounts for about 15 per cent of group revenues, will be reborn as the Magnum Ice Cream Company and floated in Amsterdam, with secondary listings in London and New York. The move marks the most significant structural shake-up at Unilever in years...

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