06:39 AM EDT, 10/21/2025 (MT Newswires) -- Unilever ( UL ) said Tuesday that it is delaying the planned demerger of its Magnum Ice Cream business due to the ongoing US federal government shutdown.

The company said in a regulatory filing that it "remains committed to and confident" of implementing the demerger this year.

Unilever ( UL ) said the delay is the result of the US Securities and Exchange Commission being unable to declare effective the US registration statement required for Magnum Ice Cream shares to be listed and traded on the New York Stock Exchange.

The company said in a separate filing on Tuesday that its shareholders have voted in favor of the proposed consolidation of Unilever's ( UL ) share capital in relation to the demerger.

Unilever ( UL ) shares were down more than 1% in recent Tuesday pre-bell activity.