HUL to demerge ice cream business in shareholder-friendly move

Hindustan Unilever Limited (HUL) has made the decision to separate its ice cream business, in line with Unilever's global strategy. Shareholders of HUL will receive shares in the newly formed ice cream company, which is expected to enhance shareholder value.

This move is particularly beneficial for minority shareholders, as it gives them a direct stake in the ice cream business. While more details are anticipated, the overall sentiment surrounding the demerger is positive, suggesting a strategic shift that could be advantageous for investors in the long term.

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