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Unilever Says Nears Deal to Merge Foods Unit with McCormick

ReutersMar 31, 2026 6:38 AM

March 31 (Reuters) - Unilever ULVR.L said on Tuesday it was in advanced talks with spice maker McCormick MKC.N about a potential combination of its foods business in a deal that would include an upfront cash component of about $15.7 billion, with the majority of the consideration in McCormick equity.

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