Unilever, McCormick agree $65bn deal to create food giant
Unilever and McCormick & Company have agreed a $65 billion (€56.5 billion) deal to combine their food businesses, creating a global food giant. The merger will be done through a Reverse Morris Trust (RMT), allowing Unilever to spin off its food unit and merge it with McCormick, owner of Cholula. The structure offers tax benefits […]
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