Unilever (UL) is considering listing its ice cream business in the US, in a departure from previous commitments to take its wider food business public in the Netherlands, Bloomberg reported Friday.
The US is the biggest market for Unilever's ice cream brands like Ben & Jerry's and Breyers, but other options for listing the unit include Amsterdam and London, the report said, citing people with knowledge of the matter.
The company is also considering listing the Netherlands-based business on multiple exchanges instead of just one, the report said.
The report cautioned that deliberations are ongoing and the details of a potential transaction could change.
The company previously said the unit was on track to become a standalone business by the end of 2025. It is worth as much as 15 billion pounds ($18.60 billion), according to the report.
Unilever did not immediately respond to a request for comment from MT Newswires.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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