The British consumer goods giant confirmed the Magnum Ice Cream Company’s New York listing cannot proceed without SEC approval.
The company remains “confident of implementing the demerger” this year despite the setback.
Unilever noted the Securities and Exchange Commission is “unable to declare effective the US registration statement required for The Magnum Ice Cream Company”.
The US is experiencing its longest full government shutdown at 20 days.
President Donald Trump continues pressuring Democrats with threats of service cuts and layoffs.
Ben & Jerry’s co-founder Jerry Greenfield recently resigned, citing lost “independence to pursue our values”.
The Magnum Ice Cream Company maintains commitment to Ben & Jerry’s mission and legacy. – AFP
Hence then, the article about unilever delays ice cream demerger due to us government shutdown was published today ( ) and is available on Daily Sun ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( Unilever delays ice cream demerger due to US government shutdown )
Also on site :