Unilever's Ice Cream IPO Melted by US Government Shutdown
Update: 2025-10-22
Description
Government Shutdown Freezes Unilever's Ice Cream IPO: Unilever's blockbuster plan to spin off its £13 billion ice cream division, including Magnum and Ben & Jerry's, is on hold. A US government shutdown has paralyzed the SEC, blocking the necessary paperwork for a New York Stock Exchange debut. Investors face uncertainty as the launch date is now impossible to predict, highlighting the far-reaching impact of political gridlock on global business.
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