Dec 8 (Reuters) – British shopper items big Unilever (ULVR.L) is contemplating the sale of a portfolio of U.S. ice cream manufacturers resembling Klondike and Breyers, that could possibly be valued at as a lot as $3 billion, Bloomberg Information reported on Thursday.
Worldwide labels Magnum and Ben & Jerry’s should not a part of the overview, the Bloomberg Information report stated, citing folks acquainted with the matter.
Unilever chief govt Alan Jope stated he wouldn’t touch upon the rumours in an interview with CNBC.
The corporate was taking decisive motion on gradual progress components of firm’s portfolio, Jope added.
Deliberations are ongoing and the corporate should still determine to not promote the manufacturers, the report added.
The maker of Dove cleaning soap has had a rocky yr, together with its three unsuccessful bids for the patron well being arm of GSK (GSK.L), the arrival of activist investor Nelson Peltz and plans for Jope to retire on the finish of 2023.
In June, Unilever sold its Ben & Jerry’s ice cream enterprise in Israel to its native licensee for an undisclosed sum, aiming to clean over a diplomatic dispute. Ben & Jerry’s and Unilever have been in a bitter authorized dispute over the sale ever since.
Unilever shares have been 0.5% decrease by 1534 GMT.
Reporting by Yadarisa Shabong and Sinchita Mitra in Bengaluru; extra reporting by Richa Naidu in London; Modifying by Krishna Chandra Eluri, Kirsten Donovan
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