Unilever has confirmed the spin-off of its ice-cream units in India and Indonesia ahead of the planned demerger by the UK-headquartered parent company. Intentions to demerge Unilever’s group ...

investors in India will get a pure-play MNC ice cream company to invest in. For HUL, its ice cream segment with brands such as Kwality Walls, Cornetto and Magnum contributes around 3% to its total ...

During the signing of the BTA, The Magnum Ice Cream Indonesia had an affiliate relationship with Unilever Indonesia. However, both companies will no longer have an affiliate relationship following ...

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 ...

"The demerger of the ice cream business will create a leading listed ice cream company in India," HUL said, adding that this will “have focused management ... and has iconic brands such as Magnum, ...

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.

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, ...

Unilever is looking to grow its share of the ice cream category by launching a new snacking format called Magnum bonbon. The bonbons are made with Magnum’s signature cracking chocolate, dairy ice ...