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Unilever explores food business tie-up with McCormick: Report

Unilever is reportedly in discussions to merge its food division with spice maker McCormick. This potential all-stock deal could unite popular brands like Hellmann's and Cholula. The move comes as Unilever aims to streamline its operations. Food companies are facing challenges with consumer spending. McCormick has a market value of around $14.

20 Mar 2026 7:44 am