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Unilever delays Magnum ice cream demerger due to US govt shutdown
short by Vaishnavi Mishra / on 21 Oct 2025,Tuesday
Unilever on Tuesday said it is delaying the demerger of its Magnum ice cream unit due to the US government shutdown. US Securities and Exchange Commission is currently unable to declare effective the registration statement required for shares of the ice cream company to be listed on stock exchange. The US market regulator has halted IPO reviews during the shutdown.
short by Vaishnavi Mishra / 03:47 pm on 21 Oct
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