Why Jim Cramer Is Optimistic After Magnum Ice Cream's IPO

Why Jim Cramer is optimistic after Magnum Ice Cream's IPO

CNBC's Jim Cramer on Thursday explained why he's fairly positive on Magnum Ice Cream Company.

Unilever-Magnum split is now official

Unilever completes the demerger of its ice cream business, creating the world’s largest ice cream business. The Magnum Ice Cream Company has five of the top 10 selling global ice cream brands including Wall’s, Magnum and Ben & Jerry’s. The demerger was announced in March 2024. A media statement issued at that time said the ice cream business has distinct characteristics compared with Unilever’s other operating businesses. These include a supply …

Linklaters Leads On Unilever’s Demerger Of The Magnum Ice Cream Company And Its Stock Exchange Listings In Amsterdam, London And New York.

Linklaters has advised Unilever PLC (Unilever) and The Magnum Ice Cream Company N.V. (TMICC) on the creation of TMICC, its separation and demerger from Unilever and its listings on the Amsterdam, London and New York stock exchanges. In one of the largest and most complex global carve-outs in recent years, Linklaters advised on the project from conception to completion, including on strategic options for the business, executing the legal and oper…