
Ben & Jerry’s maker Unilever (ULVR.L) said on Thursday it would demerge its ice cream business and picked Amsterdam as its primary listing venue, with London and New York as secondary listings, in a blow to British finance minister Rachel Reeves.
Unilever announced the details of the listing structure alongside annual results and a 1.5 billion euros ($1.57 billion) share buyback. Shares sank 5 per cent in early trading in