Hindustan Unilever's board approved the demerger of its ice-cream business into an independent listed entity and incorporation of a wholly owned subsidiary for the proposal.

The existing shareholders of HUL will receive shares in the new entity in proportion to their shareholding in HUL ...

Unilever Indonesia (IDX: UNVR) plans to sell its ice cream business to The Magnum Ice Cream Indonesia as part of Unilever ...