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Market Chatter: Ben & Jerry's Founders Eye Deal to Pull Brand Out of Magnum
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01:23 AM EDT, 10/27/2026 (MT Newswires) -- Ben Cohen and Jerry Greenfield, founders of Ben & Jerry's ice cream, are exploring a deal with KKR executive Pete Stavros to separate the brand from its parent company The Magnum Ice Cream Co. (MICC.AS, MICC.L), potentially through an employee stock-ownership plan, The Wall Street Journal reported on Monday. Stavros, who is pursuing the deal independently of his role at KKR, said an employee stock ownership plan could help preserve Ben & Jerry's culture and board structure while giving employees a stake in the business. Magnum resisted the idea, saying Ben & Jerry's is not for sale and that a separation would increase costs, raise product prices, and reduce investment in the brand's social mission. Magnum Ice Cream did not immediately respond 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.)
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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