Unilever's Ice Cream IPO Melted by US Government Shutdown

Government Shutdown Freezes Unilever's Ice Cream IPO: Unilever's blockbuster plan to spin off its £13 billion ice cream division, including Magnum and Ben & Jerry's, is on hold. A US government shutdown has paralyzed the SEC, blocking the necessary paperwork for a New York Stock Exchange debut. Investors face uncertainty as the launch date is now impossible to predict, highlighting the far-reaching impact of political gridlock on global business.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.