Unilever demerger delay: Magnum Ice Cream IPO postponed; US government shutdown disrupts SEC approval
Unilever has delayed the spin-off of its Magnum Ice Cream business, including Ben & Jerry’s, due to the US government shutdown halting SEC approvals. While the timeline is revised, the company remains committed to the 2025 completion. Investors are unconcerned, prioritizing the business’s long-term prospects over the listing date.