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Unilever In "Advanced Discussions" To Sell Food Unit To Old Bay Maker
Unilever In "Advanced Discussions" To Sell Food Unit To Old Bay Maker
Unilever Plc confirmed it is "now in advanced discussions" with Maryland-based spice maker McCormick & Company to sell its food business unit in a $15.7 billion transaction and said a final deal could be announced as soon as today.
"The Company is now in advanced discussions with McCormick & Company ("McCormick") regarding a potential transaction," the Anglo-Dutch consumer goods company wrote in a press release.
Unilever noted, "Work remains ongoing to agree and finalise a transaction and it is possible...
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Apr 22, 2026 / Tyler Durden
China Loads Up On US Chip Tools Via Southeast Asia Amid Supply Chain Shift
China Loads Up On US Chip Tools Via Southeast Asia Amid Supply Chain Shift
China's imports of chipmaking equipment from Malaysia and Singapore rose sharply in 2025 to surpass those from the US, which sank to an eight-year low, an analysis by Nikkei Asia has found - even as American companies remain a vital source of advanced tools for the country.
While the Netherlands and Japan remain China's primary foreign sources of critical semiconductor manufacturing machines by shipment origin, imports from the two Southeast Asian countries reached record levels: $5.7 billion...
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Apr 16, 2026 / Tyler Durden
US Army Trials Unmanned Hunter Wolf Robot With Gun, Radar In Combat Drills
Mar 6, 2026 / Gerry Nolan
The $300,000 Question Nobody in Washington Can Answer
LNG shipping rates have gone from $40,000 to $300,000 per day — a 650% vertical climb in less than a week — and the men who ordered the strikes that caused this are still strutting around the Oval Office talking about “strength.” That is not strength. That is the economics of catastrophe unfolding in real […]
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