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flag Unilever and McCormick plan a $30B merger creating a new food company.

flag Unilever and McCormick are in talks to merge their food businesses, with Unilever shareholders receiving a majority stake in the new company. flag The deal, valued at over $30 billion, would combine brands like Hellmann's and Cholula. flag It is reportedly structured as a reverse Morris trust to avoid taxes and is subject to regulatory approval.

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