Unilever in Talks to Merge Food Business with McCormick

Unilever is reportedly in discussions to separate its food division and merge it with spice manufacturer McCormick. Wall Street Journal (Markets) posted on X, citing sources familiar with the situation. The potential deal aims to streamline Unilever's operations by focusing on its core personal care and beauty products, while McCormick could benefit from an expanded product portfolio. The talks are still in the early stages, and no final decision has been made. Both companies have yet to comment on the matter.