Unilever confirmed on November 26, 2024, that the demerger of its ice cream units is planned for India and likely for Indonesia. The ice cream business will be listed in India as part of the broader spin-off strategy.
This announcement provides specific details on the regional execution of the planned divestiture of the ice cream business. It indicates progress in separating this segment into an independent entity.
The move aligns with Unilever's strategic goal to reshape its portfolio and focus on higher-growth categories. Clarity on the demerger process in key emerging markets is a significant development for investors.
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