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...
HUL rebuts divestment buzz, says foods business ‘core’ as Unilever confirms talks after inbound offerHindustan Unilever has denied speculation of divesting its foods business, stating it remains a core and attractive segment. Parent Unileve...
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...
European stocks caught in global selloff on recovery concernsThe pan-European STOXX 600 index dropped 0.7% by 0711 GMT after Asian markets tumbled on concerns about China's recovery and tighter regula...
Hindustan Unilever looking for buyers for its atta, rice, salt businessThe firm has appointed investment bankers to scout for buyers, and rivals and other strategic players have been sounded out.
Does HUL need to fret over the Maggi fiasco?Packaged foods is a fast growing promising category for HUL. The segment delivered a strong 15 per cent turnover growth last financial year.
Hindustan Unilever takes down Knorr instant noodle television commercials off the airKnorr is currently running two noodle television commercials — Chinese noodles and Soupy noodles — featuring master chef Pankaj Bhadouria.
HUL to withdraw 'Knorr' Chinese instant noodles; product not yet approved by FSSAIHUL had submitted an application with FSSAI for product approval for the Knorr Chinese range of instant noodles in Feb 2015.
Hindustan Unilever's Knorr Chinese noodles not on FSSAI's approved listFSSAI listed 33 items manufactured by seven companies approved by it in pasta, macaroni and noodles categories, wherein HUL's Knorr instant...
HUL's Knorr Chinese noodles not in FSSAI approved listKnorr instant noodles may come under the scanner of FSSAI as the product is not in the approved list of items of the central food safety re...
HUL to launch Knorr instant noodles; to take on MaggiHUL’s decision is part of a strategy to expand the Knorr brand, which is so far restricted to soups and a ready-to-cook range in India.
Competition Commission of India may probe price-fixing in RCF tenderIndian subsidiaries of German braking system maker Knorr Bremse and French railway equipment maker Faiveley Transport have formed a cartel ...
Knorr-Bremse expands presence in India, opens new plantKnorr-Bremse said it opened a new production facility in Palwal, Haryana today and has invested 26 million euros in India, as part of its e...
- Unilever launches Knorr noodles in Pakistan, Sri Lanka
Consumer products firm Unilever plans to take Knorr soupy noodles to global markets, particularly emerging and developing countries.
- Maggi losing out to new entrants: Nielsen
The instant noodles’ giant is losing market share to Horlicks Foodles, Knorr Soupy Noodles, Tasty Treat & Top Ramen, says Nielsen.