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Blackstone and CDR Explore Magnum Bids

Blackstone and CD&R are exploring potential bids for Magnum Ice Cream following a share price decline. The private equity firms are monitoring performance ahead of summer sales.

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FILE PHOTO: Ice creams on the production line at the ice cream factory in Gloucester, Britain, November 21, 2025. REUTERS/Isabel Infantes/File Photo

BLACKSTONE INC and Clayton, Dubilier & Rice are exploring buyout bids for MAGNUM ICE CREAM CO NV six months after its spin-off. Shares jumped nearly 16% following the report. The ice cream maker currently trades near its debut price of 13 euros after falling from a high of 16.5 euros. Buyout firms are monitoring summer sales before deciding on a formal move.
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