This morning, Unilever confirmed it is in advanced talks to sell most of its food business — including Hellmann’s, Knorr, and a portfolio of globally iconic brands — to McCormick & Co. in a deal worth roughly $15.7 billion in cash plus McCormick equity, structured as a Reverse Morris Trust that would give Unilever shareholders approximately 65% of the c…
Unilever Just Proved Us Right. And It's Going to Get Worse.
How the McCormick deal, collapsing stock prices, and the Kraft Heinz reversal are reshaping the future of Big Food
