Ben & Jerry's Co-Founders Explore Carve-Out From Magnum

Co-founder Ben Cohen is exploring a deal to separate the Ben & Jerry's ice cream brand from its current owner, Magnum. The proposed carve-out involves negotiations with Pete Stavros, the global co-head of private equity at KKR.

The restructuring would place the business under an employee stock-ownership plan. This model would grant stock to rank-and-file employees while providing the company with specific tax benefits.

Magnum, KKR, and Ben & Jerry's have not yet responded to requests for comment regarding the ongoing negotiations.