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Unilever in talks to sell food biz to McCormick

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Unilever is in talks to sell its food business to McCormick & Co.

Unilever's food business comprised a quarter of its total sales last year. Its sales were roughly $14.9 billion.

Analysts estimate the enterprise value of Unilever's food division at $32.4 billion or more.

Read more from Reuters.

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