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Unilever & McCormick Merge in $11.9B Deal

Unilever & McCormick Merge in $11.9B Deal

Business & Finance News Today | 2 Min News | The Daily News Now! · The Daily News Now!

March 31, 20261m 36s

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Show Notes

Unilever and McCormick announce a £11.9 billion merger, creating a £49 billion food giant. Unilever spins off its food division, valuing it at £33.8 billion. Over 6,000 UK employees face uncertainty as the companies remain tight-lipped on job cuts and factory closures. The deal promises £453 million in savings, with potential manufacturing overlaps.

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