Magnum Ice Cream Takes Big Bite of Kwality Wall’s India!

Magnum Ice Cream Company just took a big scoop, grabbing 61.9% of Kwality Wall’s! This deal, sealed on June 25, 2025, makes Kwality Wall’s a majority-owned pal of TMICC. With a tender offer on the way, they're ready to shake up India's ice cream scene and make it even sweeter for everyone!

Quick rundown

1.Magnum Ice Cream acquires majority stake in Kwality Wall's India.

2.The acquisition deal was signed with Unilever on June 25, 2025.

3.TMICC aims to boost its presence in the Indian ice cream market.

4.A mandatory tender offer is expected to conclude in 4-6 months.

5.TMICC may need to adjust its stake to meet public shareholding norms.

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