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.
Unilever expects stronger sales in India, pointing to global supply chain disruptions and rising packaging costs that are pressuring local competitors. With rivals facing tougher conditions, the company sees room to expand market share while staying on top of pricing and volume. Unilever also credits investment in e-commerce and quick commerce as key drivers of growth.
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Hindustan Unilever posted an 18% jump in profit, crediting a dual strategy of price hikes and cost cuts to offset volatility tied to Middle East tensions. With raw material costs rising across consumer goods, the company held its mid-term earnings outlook and flagged stronger fiscal 2027 prospects by leaning into premium products and focus brands.
Unilever says it will freeze new hiring after higher shipping costs tied to the Iran war squeeze margins. The cost pressure is also prompting workforce reductions and changes to bonus structures, signaling a broader push to protect profitability amid ongoing disruption in global trade routes.
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