Unilever's Foods Division Up for Sale to McCormick

Unilever, the FTSE 100 giant, is considering selling its foods division to McCormick, including brands like Hellmanns and Marmite. The company is shifting focus to its beauty and personal care business under new CEO Fernando Fernandez, part of a broader cost-cutting push. Shares climbed after the news, though theyre still down for the year. The board noted no deal is guaranteed. Unilever has also planned to spin off Ben and Jerrys and abandoned talks with Kraft Heinz. Turnover dropped last year, and the company continues reshaping for tougher markets. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/38a74e976e38bc0f