Unilever, McCormick strike deal to create $65 billion food giant

Unilever will merge its food business with spice maker McCormick, it said on Tuesday, creating a company worth around $65 billion in the second-largest food transaction in history. The agreement is CEO Fernando ​Fernandez’s biggest gambit since taking the helm in March 2025 and comes after he completed the spin-off last year of Unilever’s multi-billion […]