( March 31, 2026, 15:55 GMT | Official Statement) -- MLex Summary: Unilever will separate its food unit and merge it with McCormick in a cash-and-stock deal that value's Unilever's food business at about $44.8 billion. McCormick, which is known for its spices, also owns Frank’s Hot Sauce, Old Bay and Zatarain’s boxed rice. Unilever’s food unit includes Knorr stock cubes, Hellmann’s mayonnaise and Sir Kensington’s sauces.March 31, 2026 at 7:55 AM EDT...
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