Unilever Puts Amsterdam Above London for Ice Cream Spinoff (1)

Unilever Plc will list its ice cream unit primarily in Amsterdam, the consumer goods company said, with London and New York getting secondary listings when the maker of Ben & Jerry’s is spun off this year.

The decision will come as a blow to the London Stock Exchange, which had hoped Unilever could choose it as a single bourse or primary listing. The ice cream division’s home market of the Netherlands also wanted a sole listing, though the government said it welcomed the announcement on Thursday.

Read More: Unilever Weighs New York as Venue for Ice Cream Unit Listing

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