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FOOD BUSINESS MERGER
School Assembly News Headlines, July 30, 2026: Top national, international, business, sports updates and thought of the dayIndia's mobile phone exports have surged significantly over the past decade. A new bill passed in Lok Sabha aims to prevent exam paper leak...- Unilever agrees two-year worker protection after $65 billion McCormick merger, memo showsUnilever will protect European and British food business jobs for two years. This guarantee follows the planned merger with U.S. spice make...
- Atomberg's funding plans; Neocloud firms eye India capacityHappy Wednesday! Atomberg Technologies is in talks to raise funding for its engineering arm ahead of a public listing. This and more in tod...
- Instamart’s new CEO; parliamentary panel summons social media cosSwiggy has roped in former Myntra CEO Nandita Sinha to lead its quick commerce unit Instamart. This and more in today’s ETtech Top 5.
- Family-owned companies have big appetites for US snack M&AFamily-owned food firms are acquiring U.S. snack companies, seeing value opportunities. Overseas buyers are increasingly interested in thes...
- RJ Corp picks former Diageo maven Prathmesh Mishra to expand drinks playRJ Corp, led by Ravi Jaipuria, has appointed former Diageo executive Prathmesh Mishra as it explores expanding into the premium alcoholic b...
- Uber to gobble up Delivery Hero in latest food delivery dealThe German firm operates in over 60 markets worldwide and has expanded beyond its traditional food business to "quick commerce", delivering...
- US Stock Market: Citigroup shares slide after upbeat results fail to ease worries over higher costsCitigroup reported strong second-quarter earnings, driven by trading and investment banking revenues. The bank's net income jumped 45%, sur...
- Global Markets: Goldman Sachs tightens grip on EMEA M&A advisory as dealmaking hits 19-year highGoldman Sachs has significantly boosted its M&A advisory dominance in EMEA, capturing its largest market share in nearly a decade. This sur...
- Global Market: M&A hits record $2.8 trillion in H1 2026 as mega-deals dominate activityGlobal M&A activity hit a record Rs 2.8 trillion in the first half of 2026, driven by a surge in mega-deals above $10 billion. Supportive f...
- JioStar rolls out JAMS, betting on GenAI to reshape premium content productionJioStar, Reliance's media arm, has launched JioStar GenAI Media Studio. This platform uses artificial intelligence to create premium conten...
- Himalaya Wealth Managers launches Rs 500 crore SME-focused AIF to bridge equity capital gapHimalaya Wealth Managers LLP has launched Himalaya SME Scheme-I, a Rs 500 crore AIF, to address the equity risk capital gap for high-potent...
- Why is Unilever hiving off its food business?Unilever is merging its food business with spice maker McCormick in a massive $65 billion deal. This move aims to reshape the company's foc...
- Unilever explores food business tie-up with McCormick: ReportUnilever is reportedly in discussions to merge its food division with spice maker McCormick. This potential all-stock deal could unite popu...
- GSK consumer MD to head residual business post HUL deal completionThe unlisted entity has brands like Sensodyne toothpaste, Crocin analgesic and Iodex pain balm. The majority of GSK Consumer’s India portfo...
- Tata Chemicals, TGBL shares jump up to 11% on food business mergerUnder the agreement, TGBL will buy the business of selling edible salt, spices, and lentils and give shares in return to TCL.
- HUL’s earnings likely to rise 4% post GSK Consumer dealHUL has invested almost Rs 3,000 crore in the foods business over the last 10 years.
- Potential merger of Zomato and Swiggy on the cards?While Zomato has proposed a stock-based merger, Bengaluru-based Swiggy is keen to acquire and operate the food delivery business of the Gur...
- Dabur to merge foods biz with FMCGDabur India to merge its subsidiary Dabur Foods with itself to consolidate its position in the FMCG space.
- FIPB defers Hind Lever move, awaits nod on FDIThe foreign investment promotion board (FIPB) has deferred Hindustan Lever's proposal for raising FII shareholding from 24 per cent to 49 p...
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