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International Business Times
International Business Times
Business
AFP News

Ben & Jerry's Owner Unilever To Spin Off Ice Cream Arm

Unilever's ice cream unit has five of the 10 biggest global brands (Credit: AFP)

British consumer goods giant Unilever announced Tuesday that it will separate its ice cream unit, whose top-selling products include Ben & Jerry's and Magnum, as a standalone business.

The company also unveiled a major overhaul which it said would "impact" around 7,500 mainly office-based jobs worldwide and save 800 million euros ($870 million) over the next three years.

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