Spinning off brands such as Hellmann’s, Knorr and Pot Noodle into $60bn entity puts core focus on beauty, personal care and home products Business live – latest updates Unilever is in advanced talks to combine its food business with US-based McCormick in a deal including $15.7bn (£11.9bn) cash that would give the Marmite-to-Hellmann’s mayonnaise owner…
Key takeaways
Quick scan — what you need to know:
- Spinning off brands such as Hellmann’s, Knorr and Pot Noodle into $60bn entity puts core focus on beauty, personal care and home products Business live – latest updates Unilever is in advanced talks…
- London-listed Unilever will control 65% of the new spin-off, which will combine brands such as Knorr and Pot Noodle with McCormick’s condiments and spices including French’s mustard, Old Bay…
- Continue reading...
Background
What led here, in plain terms:
- London-listed Unilever will control 65% of the new spin-off, which will combine brands such as Knorr and Pot Noodle with McCormick’s condiments and spices including French’s mustard, Old Bay…
- Continue reading...
Why it matters
Why readers and decision-makers should care:
- Continue reading...
- Spinning off brands such as Hellmann’s, Knorr and Pot Noodle into $60bn entity puts core focus on beauty, personal care and home products Business live – latest updates Unilever is in advanced talks…
- London-listed Unilever will control 65% of the new spin-off, which will combine brands such as Knorr and Pot Noodle with McCormick’s condiments and spices including French’s mustard, Old Bay…