Blackstone & CD&R Eye Big Buyout of Ben & Jerry’s Owner Magnum
Private equity giants Blackstone and CD&R are exploring a bid for Magnum Ice Cream, the owner of Ben & Jerry’s and Cornetto, viewing it as a major turnaround opportunity.
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McCormick & Unilever Strike $44.8 Billion Deal to Create World’s Biggest Flavor Giant
McCormick is merging with Unilever’s Foods business in a $44.8 billion deal to form a $20 billion global flavor leader. Knorr, Hellmann’s, French’s & more unite with $600M expected synergies.
$33 Billion Shake-Up: Unilever Confirms McCormick Talks to Offload Knorr, Marmite, and More
Unilever confirms offer from McCormick for its $33B foods unit (Hellmann's, Knorr). Deal could reshape both companies via tax-free merger. No certainty yet.
Ketchup Meets Mayo: Kraft Heinz and Unilever's Secret Food Megamerger Talks Fall Apart
Kraft Heinz and Unilever ended secret talks to merge food units, uniting Heinz ketchup & Hellmann’s mayo. Why the megamerger collapsed amid shifting tastes.
P&G Warns of Sharp US Sales Drop as Consumer Spending Weakens
Procter & Gamble reports significant October sales decline in the US, signaling potential holiday season challenges as consumers pull back spending amid economic uncertainty.