March 19 (Reuters) - Unilever ( UL ) is in talks to
separate its food business and combine it with spice maker
McCormick ( MKC ) in an all-stock deal which could come within
weeks, the Wall Street Journal reported on Thursday, citing
sources.
Reuters could not immediately verify the report. The
companies did not immediately respond to Reuters requests for
comment.
Dove soap maker Unilever ( UL ) is weighing a broader separation of
its food assets, Bloomberg News reported earlier this week, as
consumer goods companies grapple with weaker demand for packaged
foods amid economic uncertainty.
FT reported on Wednesday that Unilever ( UL ) and Kraft Heinz ( KHC )
had recently held talks over a potential merger of parts
of their food businesses, but the discussions have since ended.