McCormick buys Unilever's food business in deal that values it at nearly $45 billion

Skip Navigation Markets Business Investing Tech Politics Video Watchlist Investing Club PRO Livestream Menu Key Points Spice giant McCormick is buying Unilever's food business, including Hellmann's mayo. McCormick will pay a combination of cash and equity to expand further into condiments and spreads. Unilever plans to focus on its personal-care business, which is growing faster. …