A proposed combination of Unilever’s food business with U.S. spice maker McCormick would offer the British group’s shareholders a majority stake in the new entity and tax benefits, two people familiar with the matter told Reuters.
Unilever, the maker of Hellmann’s mayonnaise and Knorr stock cubes and one of the world’s largest personal goods companies, said last week it was in talks with McCormick after receiving an offer for its food division from the smaller group.
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Source: Reuters | Published: 2026-03-27T14:59:23Z
Credit: Reuters
