Unilever

UNILEVER agreed to combine its food business with spice maker McCormick & Co. in a US$44.8 billion deal that will create a global seasonings, sauces and condiments company.

The freeze comes on top of an existing cost-cutting programme it has had in place since 2024

It has sold off other food assets over the last decade

The company will sell Sariwangi, one of the leading brands in the country’s tea-bag market

Jerry Greenfield says the Vermont-based company has lost its independence since UK parent Unilever curtailed its social activism

[LONDON] Unilever chief executive officer Fernando Fernandez expects to replace a quarter of the group’s top 200 managers following a performance review, as he leads an overhaul of the maker of Dove s...

The deal was announced earlier this week by all three parties, without disclosing financial details

[NEW YORK] Ice cream maker Ben & Jerry’s said late on Friday (May 2) that billionaire activist investor Nelson Peltz, who is on its parent company Unilever’s board, has increased his influence over th...

[NEW YORK] Unilever is threatening to halt funding to the Ben & Jerry’s Foundation, a US-based non-profit that makes donations to social justice organisations, sources familiar with the matter said.