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McCormick buys Unilever food business

McCormick will pay a combination of cash and equity to expand further into condiments and spreads.

McCormick will buy Unilever’s food business for a combination of cash and equity, in a deal that values the Unilever unit at nearly $45 billion, the two food companies announced.
To buy most of Unilever Foods’ portfolio, including Hellmann’s mayo and… [576 chars]

Source: CNBC | Published: 2026-03-31T12:07:58Z

Credit: CNBC

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