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mergers

  • Marmite maker Unilever creates food empire in $45bn merger

    Retail

    Unilever has sealed a $45bn merger of its food brands with US spice and seasoning giant McCormick, forging a $60bn food empire in which the London-based firm holds a majority stake. Unilever and its shareholders will own 65 per cent in the new body, with the firm receiving $15.7bn (£11.6bn) in cash and the equivalent [...]

    Unilever owns brands ranging from Ben and Jerry's to Dove

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