Unilever’s ice cream arm set for Amsterdam main listing in blow to London

Consumer good giant Unilever has sold its Ben & Jerry’s business in Israel in a move that will allow the ice cream brand to remain available to consumers throughout the country and the West Bank (Ben & Jerry’s/PA) -

Consumer giant Unilever has said it plans to give its ice cream business a primary stock market listing in Amsterdam when it is spun off later this year, in another blow to London’s financial markets.

The Ben & Jerry’s and Magnum maker announced plans last year for a demerger of the ice cream arm as part of a major turnaround plan.