To accelerate its growth, Unilever announced the separation of its “Ice Cream Business” from other businesses. The move was announced mainly as the Ice Cream business has a different operating model which will serve best as a standalone entity. Following the global announcement, Hindustan Unilever Limited (Indian arm of Unilever Plc) announced the demerger of the “Ice Cream Business” undertaking into a separate company which shall later be listed on nationwide bourses...
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