Unilever Mulls New York Listing for Ice Cream Business
Unilever Plc is exploring potential options, including a New York listing, for its ice cream division, according to a report by Bloomberg News. Citing sources with knowledge of the situation, the report states that Unilever is evaluating various strategies for its ice cream business.
This move comes amid a broader trend of companies seeking to capitalize on investor interest in the United States capital markets. A New York listing would provide Unilever with access to a larger pool of investors and potentially enhance the valuation of its ice cream business.
Unilever's ice cream portfolio includes popular brands such as Ben & Jerry's, Breyers, and Popsicle. The division is a significant contributor to the company's overall revenue and has been growing in recent years.
The company has not officially confirmed its plans for a New York listing. However, if it proceeds with this option, it would mark a significant development in the consumer goods industry.