Unilever (NYSE:UL) reported underlying sales growth of 5.8% in the second quarter, exceeding the estimated 4.14%, as total revenue reached €13.05 billion compared with the €12.87 billion forecast.
Bloomberg's Eric Pfanner joins Dani Burger on "Bloomberg Deals." Unilever agreed to combine its food business with spice maker McCormick in a $44.8 billion deal that will create a global seasonings, sauces and condiments company.
Unilever, the maker of Hellmann's mayonnaise, is in the early stages of considering a separation of its food assets as it seeks growth from beauty, personal care and wellbeing brands, people with knowledge of the matter said. Scarlet Fu on "Bloomberg Deals" reports.
McCormick & Company (NYSE:MKC) confirmed on March 20, 2026, that it has entered discussions with consumer goods giant Unilever (NYSE:UL) regarding a potential strategic transaction involving Unilever's Foods business.
McCormick & Company (NYSE:MKC) and Unilever announced a landmark agreement on Tuesday, March 31, 2026, to combine McCormick with Unilever’s global foods business.
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