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Unilever to sell food business to McCormick for over $30 billion.
Unilever and McCormick are in talks for a major deal where Unilever would spin off its food business and sell it to McCormick.
The transaction, structured as a reverse Morris trust to avoid taxes, would give Unilever shareholders a majority stake in the combined company.
The deal, valued at over $30 billion, would unite brands like Hellmann's and Cholula, reshaping the global flavor industry.
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Unilever para vender el negocio de alimentos a McCormick por más de $30 mil millones.