Magnum draw out demerger plans from Unilever

Following the demerger, shares of TMICC will begin trading on the Amsterdam, London and New York exchanges. — China Daily

LONDON: The Magnum Ice Cream Company (TMICC) outlined its growth strategy and financial outlook during its inaugural capital markets day in London on Tuesday.

During the event, Magnum’s management presented its business strategy and financial framework ahead of the planned demerger from Unilever PLC and standalone listing, both of which are expected to be completed by mid-November.