Unilever delays ice-cream business demerger due to US government office shutdowns. Stock market listings for The Magnum Ice Cream Company postponed. Separation still progressing, no new timetable set. Unilever retains 20% stake in spin-off business. Shareholders approve post-consolidation of shares but final process delayed by government shutdowns. Ice-cream business outperforms, with 5.9% sales growth. Rest of food business underperforms with 2.2% sales growth. Unilever expects €800m in separation costs from ice-cream spin-off. TMICC to have 21% global market share. Froneri, Unilever’s competitor, has 11% market share.

Read more at Yahoo Finance: Unilever ice-cream spin-off delayed by US government shutdowns