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Unilever is leaning on the dual or even triple list of its ice cream business, according to people familiar with Amsterdam London or New York as well as a venue for floating.
The company is planning to spin its € 15 billion ice cream department that includes brands like Magnum and Ben & Jerry, will be announced in the list venue in late March.
People familiar with the process say that the London-list Unilever is in the process of considering many factors that will affect his choice, and the result may change.
However, the Netherlands may probably be featured as a market on this list, some people said, a result that is in London where the group’s headquarters can be concentrated.
Nelson Peltz, a worker investor and member of the Unilever board, advised the US list, some people said. A representative refused to comment on Peltz’s triangle fund. Unilever refused to comment.
Several UK -listed businesses have transferred their list to the United States in recent years, attracted by higher evaluation and greater business fluidity. Unilever, however, will be under pressure to attend the main home market in the UK and the Netherlands.
Specifically, the agency in 2020 Assured To the Dutch government, any spin-offs in the future of its food and refreshment department will be listed as part of the plan to unite its dual Anglo-Dutch corporate structure into a single London-based entity in the Netherlands.
Last October, Unilever transferred from its ice cream department headquarters to Amsterdam from Rotterdam. An executive of the organization said that the Netherlands internally was seen as a natural fit for its headquarters location, and Peter Ter Ter Kaulk, the new CEO of the ice cream unit.
In November, on Unilever’s Capital Market Day, Finance Chief Fernando Fernandez said that he would provide the market details in the first quarter of 2021 and the department would become a single business by July 1, ending the entire separation with the complete separation.
The company was before Shelvd plan The Financial Times has said that a private equity buyer is to run the sales process intended to find buyers and to focus on push-off for spin-off.
Unilever is under process of a broad reconstruction, which includes a string sale of under performing brands including spin-offs, job cut and small and local food brands of ice cream Quantity 1 billion dollars in sales earnings.
Additional Report of James Fontenella-Khans in New York
