financetom
Business
financetom
/
Business
/
Market Chatter: Ben & Jerry's Founders Show Interest to Buy Back Brand from Unilever
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: Ben & Jerry's Founders Show Interest to Buy Back Brand from Unilever
Feb 26, 2025 1:02 PM

03:39 PM EST, 02/26/2025 (MT Newswires) -- Unilever ( UL ) ice cream brand Ben & Jerry's ( UL ) has drawn buyout interest from founders Ben Cohen and Jerry Greenfield, Bloomberg reported Wednesday, citing sources familiar with the matter.

The two founders have started talks in recent months about a possible deal for the purchase, but it is uncertain whether discussions will advance, the sources told Bloomberg.

Cohen and Greenfield may need to partner with socially minded investors, according to the report. The brand could be valued at several billion dollars, so the founders would need substantial financial backing, one of the sources said.

Unilever ( UL ) is on track to demerger the ice cream business and its not for sale, a spokesperson for Unilever ( UL ) said told Bloomberg. A representative for Cohen and Greenfield declined to give a comment to the news outlet.

Unilever ( UL ) did not immediately reply to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 56.15, Change: +0.25, Percent Change: +0.45

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Why Foghorn Therapeutics (FHTX) Stock Is Trading Lower
Why Foghorn Therapeutics (FHTX) Stock Is Trading Lower
Dec 16, 2024
Foghorn Therapeutics Inc. ( FHTX ) shares are trading lower by 8.49% to $4.85 during Monday’s session after the company announced it will discontinue independent development of its FHD-286 program in combination with decitabine for relapsed/refractory acute myeloid leukemia (AML) due to insufficient response rates in a Phase 1 trial. What To Know: While Foghorn says clinical responses were observed,...
Why Roadzen (RDZN) Stock Is Down 35% Today
Why Roadzen (RDZN) Stock Is Down 35% Today
Dec 16, 2024
Roadzen Inc ( RDZN ) shares are trading lower by 27% to $1.30 Monday morning after the company announced the pricing of a public offering of 2 million ordinary shares or pre-funded warrants at $1.25 per share, aiming to raise $2.5 million in gross proceeds before fees. The company has also granted underwriters a 45-day option to purchase up to...
Jana urges Lamb Weston board to fix company or put itself up for sale
Jana urges Lamb Weston board to fix company or put itself up for sale
Dec 16, 2024
NEW YORK, Dec 16 (Reuters) - Activist investor Jana Partners urged Lamb Weston ( LW ) on Monday to replace board members and top executives to improve its performance or else put itself up for sale. Lamb Weston's ( LW ) Board and management have wasted the chance to sustain and grow shareholder value in a high-quality business, the hedge...
-- Toromont Industries Brief: Bottom line For National Bank,
-- Toromont Industries Brief: Bottom line For National Bank, "Shares came down faster than we thought post our Oct. downgrade; Time to step in again"
Dec 16, 2024
09:43 AM EST, 12/16/2024 (MT Newswires) -- Price: 113.85, Change: +2.29, Percent Change: +2.05 ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved