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Unilever's Ice Cream Empire Sale Raises Analyst Speculation | FinOracle

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Unilever’s Ice Cream Empire Sale Raises Analyst Speculation

KKR paid £6bn for Unilever, but analysts think they could have got more. Unilever later sold its PG Tips tea division for £4bn. 7,500 job losses and a London listing possibility. Unilever declined to comment.

by Mark Eisenberg
Thu, Apr 25, 2024 6:43am
in Business
• 2 mins read
14.8k
Unilever's Ice Cream Empire Sale Raises Analyst Speculation | FinOracle

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Unilever's Ice Cream Empire Challenges: A Complex Sale on the Horizon

In a strategic move to simplify its vast portfolio, Unilever, a leading FTSE 100 consumer goods giant, finds itself at a crossroad with its ice cream division – home to popular brands such as Magnum, Wall’s, and Ben & Jerry’s. With a valuation reaching up to £15bn, the sale of this lucrative segment faces significant hurdles, primarily due to its size, making it a challenging acquisition for interested parties.

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