Unilever considers carving out its food business; India won't be part of McCormick deal

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Unilever is in advanced talks to combine its global foods business with McCormick & Company. The deal, potentially worth $15.7 billion, will exclude Unilever's India foods operations. Hindustan Unilever's foods business remains a core part of its strategy. Discussions are ongoing, and an agreement could be reached soon. This move aims to reshape Unilever's portfolio.