Unilever will demerge its ice cream business and list it in Amsterdam, London and New York, ending months of speculation over how the company would move ahead with previously announced plans to separate the business.

Unilever Plc is considering New York as a potential venue for a listing of its ice cream business, people with knowledge of the matter said, a move that might trigger a backlash in the unit’s home market of the Netherlands.

Unilever Plc is evaluating options, including a New York listing, for its ice cream business, which is the biggest market for its brands such as Ben & Jerry's and Breyers, Bloomberg News reported on Friday,