Unilever–McCormick Deal to Create $65bn Global Food Leader with MENA Implications

Unilever has agreed to combine its foods division with McCormick & Company in a transaction valuing the new entity at about $65bn, marking one of the largest restructurings in the global consumer goods sector. The deal, structured as a spin-off and merger, will create a leading player in condiments, sauces and seasonings, bringing together major […]