US Stocks: Unilever, McCormick strike deal to create $65 billion food giant; shares fallUnilever will merge its food business with spice maker McCormick, it said on Tuesday, creating a company worth around $65 billion in the se...
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 considers carving out its food business; India won't be part of McCormick dealUnilever is in advanced talks to combine its global foods business with McCormick & Company. The deal, potentially worth $15.7 billion, wil...
Why is Unilever looking to sell its food business?In a strategic pivot, Unilever is exploring the sale of its food division to McCormick & Company, a potential match that could fuse popular...
Unilever in takeover talks with McCormick for food businessUnilever is in discussions with McCormick & Company regarding the potential sale of its food division. This business includes well-known br...
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...
Unilever delays Magnum demerger timeline on US government shutdownUnilever's planned demerger of The Magnum Ice Cream Company has been delayed due to the U.S. federal government shutdown, preventing the SE...
Unilever beats first-quarter underlying sales growth estimatesUnilever exceeded expectations with a 3% increase in underlying sales growth for the first quarter, surpassing analysts' predictions of a 2...
Overhaul plan working: Unilever q3 sales growth rises, revenue up 4.5%Unilever's sales growth is accelerating under CEO Hein Schumacher. Revenue increased 4.5% in the third quarter, exceeding analysts' expecta...
Elon Musk's X drops Unilever from advertiser boycott lawsuitLondon-based Unilever - whose products include Dove soaps, Hellmann's condiments and Pepsodent toothpaste - said in a statement it had "rea...
Apple poised to get OpenAI board observer role as part of AI pactApple secures observer role on OpenAI's board with Phil Schiller as representative, integrating ChatGPT and 'Apple Intelligence' across its...
Sam Altman returns to OpenAI board, says ‘can't wait to show what's next’Sam Altman was fired in November last year after a boardroom drama. Now, Altman will join the board with three new directors – Sue Desmond-...
Why is Hellmann’s mayonnaise discontinued in South Africa? Know everything hereHellman’s mayonnaise is a staple in kitchens across the globe and especially in America and it has been around for over a century.
Unilever warns of more price hikes as cost pressures buildConsumer goods makers around the world are lifting prices to make up for soaring energy, commodities, labour and transport costs, with the ...
Surging commodity costs put Unilever margins in spotlightAnalysts expect the Dove soap and Hellmann's mayonnaise maker to report a 1.2 percentage point drop in underlying operating margins from a ...
WPP drops as major client Unilever cuts ad spendsUnilever, which sells Dove soap and Hellmann’s mayonnaise, will produce 30% fewer ads as part of a costcutting drive, CFO Graeme Pitkethly ...
Brexit, and that huge investment fund you’ve never heard ofAfter the U.K.’s vote to leave the European Union, the community faces concern that this important source of funding could be in jeopardy.