Unilever CEO suggests Amsterdam may host €17bn ice cream unit listing after potential spin-out.

Unilever CEO Hein Schumacher hints that Amsterdam may host a €17bn ($18.4bn) listing of Unilever's ice cream unit, following a potential spin-out from the company. The Dutch government expects Unilever to fulfill a promise made four years ago to choose the Netherlands if it ever listed its wider food business. Both London and Amsterdam stock markets have underperformed recently, with a lack of initial public offerings.

March 25, 2024
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