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Unilever nears deal to combine food unit with McCormick, WSJ reports

 

March 30 (Reuters) – Unilever is in advanced talks to combine its food business with U.S. spice maker McCormick, in a deal that includes a cash component of around $16 billion, the Wall Street Journal reported on Monday, citing people familiar with the matter.

(Reporting by Savyata Mishra in Bengaluru; Editing by Anil D’Silva)

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