Magnum Ice Cream has scheduled December 8 as the launch date for its long-awaited initial public offering, after the spinoff of Unilever’s (LSE:ULVR) ice cream division was postponed amid the recent U.S. government shutdown.
The UK-based company said late Tuesday that it has identified an alternative path to move forward with its listing despite the continued suspension of normal operations at the U.S. Securities and Exchange Commission, which had delayed approval of Magnum Ice Cream Company’s registration statement.
Magnum Ice Cream, which includes iconic brands such as Ben & Jerry’s and its own flagship Magnum line, confirmed that it intends to list its shares simultaneously on Euronext Amsterdam, the New York Stock Exchange, and the London Stock Exchange on December 8.
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