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The Latest Breaking News from Unilever

Primark, Magnum, Castrol... who’s next? Why Britain’s top brands are being sold or split by their owners

A weak pound and a sluggish economy mean some of our top brands are up for grabs

The Independent UK

World Food Prize goes to food safety scientist for preventing millions of cases of foodborne illness

Dutch food scientist Huub Lelieveld has won the World Food Prize for shaping modern food processing safety standards used worldwide

The Independent UK

Unilever considers selling food unit after receiving McCormick offer

The move would represent a major shift for the consumer goods giant, which is increasingly focusing on personal care and beauty products under its new chief executive.

Euronews

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Marmite maker Unilever in talks to merge food business with US-based McCormick

Anglo-Dutch company, which also owns Dove and Hellmann’s, will focus more on personal care products if deal agreed

The Guardian - UK

Hellman’s mayonnaise maker in talks to merge with mustard firm

IN FULL

The Independent UK

Marmite and mayonnaise maker Unilever mulls merger with mustard firm McCormick

Unilever could spin off its food division to combine with the maker of Schwartz spices and French’s mustard

The Independent UK

Unilever holds talks to merge food business with US rival McCormick

Unilever said it is in talks over an ‘inbound offer’ from the French’s mustard and Schwarz manufacturer.

Evening Standard

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FTSE 100 Live 20 March: Index retreats amid $110 oil, Wetherspoon shares slump

A turbulent week for global markets today ended with Brent Crude near $110 a barrel and the FTSE 100 index back under pressure.

Evening Standard

Unilever-Kraft Heinz Deal Talks End; Could Have Created Multi-Billion-Dollar Food Entity

Unilever and Kraft Heinz end merger talks that could have created a multi-billion-dollar global food company.

International Business Times

British teatime favourite Marmite could soon be up for sale

Owner Unilever is reportedly considering spinning off its food division

Evening Standard

5 Oversold Large-Cap Stocks That May Be Worth Buying Soon

A broad market selloff is pushing several large-cap stocks into oversold territory, with 5 in particular worth watching for potential opportunities.

MarketBeat

Kraft Heinz and the cost of narrow capitalism

Kraft Heinz’s fate is not an unfortunate misstep in brand management. It is a warning about where narrow capitalism leads.

Fortune

Unilever Says It Can't Hire Top US Talent Due to Strict UK Pay Rules — Even as CEO Could Earn €23.8M

Unilever says UK pay constraints cost it two top US candidates, even as CEO Fernando Fernández stands to earn up to €23.8m under a proposed new pay structure.

International Business Times UK

Sir Ronnie Hampel obituary

Chief executive and chairman of ICI in the 1990s who oversaw the creation of the pharmaceutical company Zeneca

The Guardian - UK

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Evening Standard

Owner of Ben & Jerry’s shrugs off dispute while ice cream profits melt

The Magnum Ice Cream Company (TMICC) demerged from its previous owner and became an independently listed company in December.

Fortune

New filings exposing Elon Musk’s financials for X in the UK show revenue plummeted 58%

Advertisers have been fleeing the platform since Musk acquired what was then Twitter in 2022.

The Guardian - UK

‘A southern economy in the north’: how Warrington has adapted to change

Good transport links and the quietly booming nuclear sector are helping the Cheshire town to thrive

The Guardian - UK

X UK revenues drop nearly 60% in a year as content concerns spook advertisers

Elon Musk-owned site reports plunging profits amid outcry over use of AI tool Grok to create sexually explicit imagery

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The Guardian - UK

‘Social listening’: Unilever seeks to capitalise on Vaseline’s TikTok moment

Multinational boosts online chatter after social media users showcase product’s widespread use in life hacks

The Guardian - UK

Revealed: how big businesses are rolling back public support for Pride

Guardian analysis of 20 major companies in UK and US shows mentions of Pride on social media have fallen substantially in past two years

The Guardian - UK

First Thing: Father and son allegedly used licensed firearms in Bondi beach terror attack

One alleged shooter was known previously to security agencies, the Australian PM said. Plus, what we know about the Assad family’s new life after fleeing Syria last year

The Guardian - UK

Green sleeves? Laundry detergent being tweaked owing to gen Z’s love of matcha

Japanese green tea named stain of the year as survey finds Aperol spritz and bubble tea are also leaving their mark

Evening Standard

Retail drags on FTSE as stocks drift ahead of US interest rate decision

In London, retailers were a soft feature after a report showed annual UK retail sales growth decelerated in November.

Evening Standard

FTSE 100 dips as Unilever falls amid Magnum split

The ice cream maker rose 1.8% in Amsterdam.

Evening Standard

FTSE 100 Live 08 December: Magnum ice cream shares make debut, index steady

Shares in The Magnum Ice Cream Company today began trading after the Wall’s and Cornetto owner completed its split from Unilever.

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