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flag Unilever to sell food business to McCormick for over $30 billion.

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

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