Almost two years ago, Unilever(UL) announced its plans to spin off its ice cream business to shareholders. Now, after an additional delay due to the American government shutdown, The Magnum Ice Cream Company spinoff, or demerger as the Europeans call it, is finally complete. The Magnum Ice Cream Company demerger became effective at 6PM on Saturday, December 6,… Read More »
The Magnum Ice Cream Company Spinoff Delayed Unilever(UL) shareholders can’t have their ice cream if Congress doesn’t eat its vegetables. Unilever’s The Magnum Ice Cream Company spinoff, previously scheduled for November 10, has been delayed as the SEC is unable to declare the registration effective due to the ongoing government shutdown. In a statement, Unilever said that it… Read More »
It’s been a few years, but here’s a new Spinoff Odds & Ends post, bringing you spinoff news that just doesn’t warrant its own article. Unilever’s Ice Cream Headache: Ben & Jerry’s vs. Magnum We have discussed Unilever’s(UL) The Magnum Ice Cream Company spinoff. They haven’t said so, but one of the reasons may be the untenable position… Read More »
Unilever(UL) is giving its ice cream business a solo stage with the upcoming spinoff, or demerger, as the Europeans call it, of The Magnum Ice Cream Company—a sweet spinoff expected to launch in mid-November 2025. Yes, that includes your favorite indulgent brands: Magnum, Ben & Jerry’s, Cornetto, Wall’s, and Talenti—now headlining their own freezer aisle. Way back… Read More »
There are worse names in the spinoff world, but Edgewell Personal Care(EPC) is a fairly bad one. Made worse, no doubt, by the company’s tortured explanation of its deep meaning. Edgewell, which owns such personal care brands as Schick, Skintimate, Hawaiian Tropic, and Playtex, spun off Energizer Holdings(ENR) in July 2015. Edgewell stock has underperformed since, recently down 20% from… Read More »