Phish food for thought: Ben & Jerry’s political turmoil

War of words over brand activism threatens to ‘overshadow’ the big ice cream deal

Ben & Jerry's Sundae dulce de-lish ice cream in a freezer
Taking Magnum to task: Ben & Jerry’s co-founder Jerry Greenfield ‘continues to speak out’
(Image credit: Brandon Bell / Getty Images)

Investors are cooling on Ben & Jerry’s as the founders continue to be caught up in a spat with the ice cream brand’s owners.

The Magnum Ice Cream Company, which owns Ben & Jerry’s as well as Cornetto and Wall’s, completed a spin-off from parent firm Unilever this week and began trading on the European stock market as a standalone business, but its initial valuation was “significantly lower” than expected, said The Times.

The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

Sign up
Explore More

Will Barker joined The Week team as a staff writer in 2025, covering UK and global news and politics. He previously worked at the Financial Times and The Sun, contributing to the arts and world news desks, respectively. Before that, he achieved a gold-standard NCTJ Diploma at News Associates in Twickenham, with specialisms in media law and data journalism. While studying for his diploma, he also wrote for the South West Londoner, and channelled his passion for sport by reporting for The Cricket Paper. As an undergraduate of Merton College, University of Oxford, Will read English and French, and he also has an M.Phil in literary translation from Trinity College Dublin.