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Blackstone and CD&R weigh Magnum bids after Unilever spinout as shares wobble
International
Published on 15 May 2026
They’re waiting for Magnum’s summer sales, not just price
Blackstone and CD&R are reportedly considering bids for Magnum Ice Cream Company, less than six months after Unilever spun the brand out. The firms are watching Magnum’s share price, which has slipped from an early-year peak of 16.5 euros to around 13 euros, near its IPO level. They also plan to wait for the company’s summer sales results, a key revenue period. Unilever still holds a 19.9% stake and plans to exit within five years.
- Blackstone and CD&R are exploring bids for Magnum
- Magnum shares fell from 16.5 euros to about 13 euros
- Magnum listed Dec 8 at roughly 7.8 billion euros valuation
- Unilever retains a 19.9% stake and plans to exit within five years
- Firms are waiting for summer sales before deciding
- Magnum holds about 21% of the global ice cream market
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times