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The Latest Breaking News from Unilever

Marmite maker Unilever agrees mega food deal with US rival McCormick

IN FULL

The Independent UK

Unilever and McCormick are closing in on a mega deal to create a food giant

Unilever said Tuesday it had agreed a multibillion-dollar deal with US spices maker McCormick & Company to spin off most of the British group's food business, which is currently valued at $44.8bn (€38.95bn).

Euronews

Unilever strikes £33.8 billion food business tie-up deal with US rival McCormick

It will create a major food giant, combining brands including Unilever’s Hellmann’s and Marmite with McCormick’s French’s mustard and Schwarz.

Evening Standard

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Lise Davidsen reigns as Isolde at Met Opera while balancing career and motherhood

Lisa Davidsen has been starring as Isolde in the Metropolitan Opera's production of Wagner's “Tristan und Isolde.”

The Independent UK

US spice giant confirms merger with Marmite and mayonnaise maker Unilever

McCormick and its red-capped array of spices is a $15 billion company

The Independent UK

Marmite maker Unilever agrees $44.8bn deal to combine food arm with McCormick

Core focus will be on beauty, personal care and home products after spinning off brands such as Hellmann’s and Pot Noodle

The Guardian - UK

Unilever nearing deal worth £11.9bn to merge food unit with US rival McCormick

A deal is likely to involve merging Unilever’s food business with McCormick for about 15.7 billion dollars (£11.9 billion) of cash upfront.

Evening Standard

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Unilever Faces Defamation Claims From Former Ben & Jerry's Board Chair Over Social Mission Clash

Unilever faces a defamation lawsuit from former Ben & Jerry's chair Anuradha Mittal over claims tied to the brand's social mission dispute.

International Business Times

Primark, Magnum, Castrol... who’s next? Why Britain’s top brands are being sold or split by their owners

A weak pound and a sluggish economy mean some of our top brands are up for grabs

The Independent UK

World Food Prize goes to food safety scientist for preventing millions of cases of foodborne illness

Dutch food scientist Huub Lelieveld has won the World Food Prize for shaping modern food processing safety standards used worldwide

The Independent UK

Unilever considers selling food unit after receiving McCormick offer

The move would represent a major shift for the consumer goods giant, which is increasingly focusing on personal care and beauty products under its new chief executive.

Euronews

Marmite maker Unilever in talks to merge food business with US-based McCormick

Anglo-Dutch company, which also owns Dove and Hellmann’s, will focus more on personal care products if deal agreed

The Guardian - UK

Hellman’s mayonnaise maker in talks to merge with mustard firm

IN FULL

The Independent UK

Unilever holds talks to merge food business with US rival McCormick

Unilever said it is in talks over an ‘inbound offer’ from the French’s mustard and Schwarz manufacturer.

Evening Standard

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The Independent UK

Marmite and mayonnaise maker Unilever mulls merger with mustard firm McCormick

Unilever could spin off its food division to combine with the maker of Schwartz spices and French’s mustard

Evening Standard

FTSE 100 Live 20 March: Index retreats amid $110 oil, Wetherspoon shares slump

A turbulent week for global markets today ended with Brent Crude near $110 a barrel and the FTSE 100 index back under pressure.

International Business Times

Unilever-Kraft Heinz Deal Talks End; Could Have Created Multi-Billion-Dollar Food Entity

Unilever and Kraft Heinz end merger talks that could have created a multi-billion-dollar global food company.

Evening Standard

British teatime favourite Marmite could soon be up for sale

Owner Unilever is reportedly considering spinning off its food division

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MarketBeat

5 Oversold Large-Cap Stocks That May Be Worth Buying Soon

A broad market selloff is pushing several large-cap stocks into oversold territory, with 5 in particular worth watching for potential opportunities.

Fortune

Kraft Heinz and the cost of narrow capitalism

Kraft Heinz’s fate is not an unfortunate misstep in brand management. It is a warning about where narrow capitalism leads.

International Business Times UK

Unilever Says It Can't Hire Top US Talent Due to Strict UK Pay Rules — Even as CEO Could Earn €23.8M

Unilever says UK pay constraints cost it two top US candidates, even as CEO Fernando Fernández stands to earn up to €23.8m under a proposed new pay structure.

The Guardian - UK

Sir Ronnie Hampel obituary

Chief executive and chairman of ICI in the 1990s who oversaw the creation of the pharmaceutical company Zeneca

Evening Standard

Owner of Ben & Jerry’s shrugs off dispute while ice cream profits melt

The Magnum Ice Cream Company (TMICC) demerged from its previous owner and became an independently listed company in December.

Fortune

New filings exposing Elon Musk’s financials for X in the UK show revenue plummeted 58%

Advertisers have been fleeing the platform since Musk acquired what was then Twitter in 2022.

The Guardian - UK

‘A southern economy in the north’: how Warrington has adapted to change

Good transport links and the quietly booming nuclear sector are helping the Cheshire town to thrive

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