Unilever (ULVR LN) is in talks to separate its food business and combine it with McCormick (MKC), according to WSJ

Unilever's potential separation of its food business to combine with McCormick could signal a strategic shift aimed at enhancing focus and value in both entities. If the deal progresses, it may not only affect the operational efficiency of the food segment but also influence sentiment across packaged food stocks, with implications for competitive positioning in the market.