March 31 (Reuters) - Unilever has agreed to separate its food unit, home to Knorr and Hellmann's, and merge it with spice maker McCormick in a cash-and-stock deal valuing the British firm's food
Unilever to Merge Food Unit, Including Knorr and Hellmann’s, With McCormick
Unilever's Strategic Food Unit Merger with McCormick
Overview of the Merger Agreement
March 31 (Reuters) - Unilever has agreed to separate its food unit, home to Knorr and Hellmann's, and merge it with spice maker McCormick in a cash-and-stock deal valuing the British firm's food business at about $44.8 billion, the companies said on Tuesday.
Key Brands Involved in the Deal
Knorr and Hellmann’s
McCormick’s Spice Portfolio
Financial Details of the Transaction
Reporting and Editorial Credits
(Reporting by Yadarisa Shabong and Juveria Tabassum in Bengaluru and Richa Naidu in London; Editing by Sherry Jacob-Phillips)
