Spice giant McCormick is buying Unilever’s food business, including Hellmann’s mayo. McCormick will pay a combination of cash and equity to expand further
Unilever nears deal to merge food business with spice maker McCormick
Unilever to receive $15.7 billion in cash from potential deal. If completed, the transaction would be structured as a so-called Reverse Morris Trust, which offers tax benefits. Uni… [7133 chars]
Source: NewsBreak | Published: 2026-03-31T12:07:00Z
Credit: NewsBreak
