0908 GMT - Unilever's potential transaction with McCormick for its food business isn't consistent with its previous justification for owning the business, RBC Capital Markets analysts write in a note. The deal, which might be announced today, doesn't fully align with Unilever's previous strategy to concentrate on its own Hellmann's and Knorr brands, the analysts say. The London-listed consumer giant would be left with a controlling 65% stake in the end company, the analysts say. Unilever shares are up 0.7% at 45.62 pounds. (aimee.look@wsj.com)
(END) Dow Jones Newswires
March 31, 2026 05:08 ET (09:08 GMT)
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