Hindustan Unilever’s ice cream business will become a standalone listed entity, enabling shareholders to directly own shares ...

Ice cream will be listed in India with a similar plan likely for Indonesia as Unilever moves forward with spin-off.

Hindustan Unilever (HUL) said on Monday that its board has approved the carving out of its ice-cream business into a separate listed entity. The business, which includes brands such as Cornetto and ...

HUL's ice cream brands, which include Kwality Wall's, Cornetto, and Magnum, accounted for nearly 3% of the company's total ...

The division--which owns brands such as Kwality Wall's, Cornetto and Magnum--has mid-to-high single-digit percentage profitability and would become the leading listed ice-cream company in India, ...

Hindustan Unilever Ltd plans to demerge its ice cream business into a separate listed entity, including brands like Kwality ...

This follows its UK parent's decision in March to spin off its ice cream unit, which is home to the Magnum and Ben & Jerry's brands.