PE firms eye Magnum Ice Cream Company takeover – Reuters

PE firms eye Magnum Ice Cream Company takeover – Reuters

Private equity firms including Blackstone and Clayton, Dubilier & Rice are exploring potential bids for The Magnum Ice Cream Company, according to a Reuters report citing sources familiar with the matter.

Blackstone and CD&R mull Magnum bid amid share price slump

Private equity firms including Blackstone and Clayton, Dubilier & Rice are evaluating a potential approach for Magnum Ice Cream Company following a decline in the recently listed group’s share price, according to a report by Reuters citing unnamed sources familiar with the matter. The interest comes less than six months after Magnum, owner of brands including Ben & Jerry’s and Cornetto, was separated from consumer goods giant Unilever and listed…

Magnum shares jump on reports of private equity takeover interest

Shares in Magnum Ice Cream Company surged after reports that private equity firms Blackstone and Clayton, Dubilier & Rice are exploring a potential bid for the Ben & Jerry’s owner.…