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...Unilever’s advisers began their outreach to private equity firms only after the company’s formal announcement, one of the people said....
...Ben & Jerry’s board has called for a permanent ceasefire in Gaza, in a move that risks reigniting tensions with parent company Unilever over the ice cream maker’s stance on Israeli policies....
...Christoph Schweizer told the Financial Times that AI and generative AI were “a huge boost” to revenues in the past year as companies move from experimenting with the technology to “at-scale deployment”....
...The group invests in companies in Europe and North America. Some of its investments include a stake in Froneri, one of the world’s largest ice cream companies. Ardian and PAI declined to comment....
...Analysts at Barclays estimate the ice cream business to be worth up to €17bn, and Unilever is the industry leader with 20 per cent share of the global ice cream market....
...Froneri is now the world’s second-largest ice cream maker after Unilever; it started with R&R Ice Cream, a North Yorkshire company that originally made ice cream for Morrisons....
...The company said its productivity programme would deliver savings of about €800mn over the coming three years, “more than offsetting operational dis-synergies” from the separation of ice cream....
...But breaking the ice on Europe’s listings market isn’t for the faint-hearted....
...Imagine that the new ice-cream company traded in line with the valuation at which Nestlé sold Häagen-Dazs in 2019, and lop the resulting €17bn (£14.5bn) off Unilever’s current £118bn of enterprise value....
...Laying out the reasons for exiting the ice cream business, Unilever pointed to the lack of overlap on supply chains with the rest of the company and said that it was also more seasonal....
...London market is a scapegoat for poor performance When a UK company’s share price goes south, simply blame the London market....
...In overturning his pay package, the court said Musk, who owns more than a fifth of the company, was too cosy with Tesla’s board and the value of the package was unfair to other shareholders....
...Britain has been demanding better access for UK professional services companies to the Indian market as well as big cuts in tariffs on exports, including whisky and cars....
...“You can wear Jessica to the Met – and be in great company – but also on the school run. She really gets the multi-dimensional life that people lead, and that’s why they love her.”...
...The filing requires developers to set up a local company or use a local publisher and host the back end of the app in China, said Bishop, who predicted that most companies would end up operating a second...
...I write this, in the first flush of a love affair that I’m having with the £450 ice cream maker I bought as a present for my other half....
...That triggered the holding company’s default. The more than £16bn worth of Thames Water bonds sitting below the holding company are part of a so-called whole business securitisation....
...for the company)....
...PepsiCo’s Lipton ice tea and Unilever’s Viennetta ice cakes were among the items targeted in the campaign....
...In my freezer you’ll always find vanilla and pecan ice cream by Häagen-Dazs. I have a serious ice-cream addiction, even in winter....
...Warehouse companies are introducing football pitches, ice cream vans and beehives to industrial sites, as operators try to lure workers to the gruelling business of loading and unloading packages....
...It is a stretch to imagine that robotaxis can turn the company’s fortunes around this year. Musk presided over the company’s latest quarterly earnings call with a confusing message....
...Sales of higher-margin combustion engine vehicles help with cash flows while the legacy European companies invest in electric models. The question is how long the breathing space will last....
...The couriers of meals and groceries are unhappy with low, and often falling, pay as technology companies with thin margins are pressed by investors to raise profits....
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