Unilever Said to Weigh $3 Billion US Ice Cream Brands Sale (1)

Unilever Plc is weighing the sale of a portfolio of US ice cream brands that could be valued at as much as $3 billion, people familiar with the matter said.

The UK consumer giant is working with advisers to review local brands such as Klondike and Breyers that may be considered for divestment, according to the people. International labels Magnum and Ben & Jerry’s are not part of the review, they said, asking not to be identified discussing confidential information.

Deliberations are ongoing and Unilever may still decide against selling, the people said. A representative for Unilever declined to comment. ...