Unilever
British multinational consumer goods company
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business May 7, 2026, 2:00 AM
Ben Cohen urges consumers to reconsider buying Magnum bars amid controversies - In May 2026, the Ben & Jerry's Foundation and its board sued Magnum for breach of contract.
- Ben Cohen, co-founder of Ben & Jerry's, encouraged consumers to rethink their support for Magnum.
- The ongoing disputes highlight the clash between corporate profit motives and social responsibility.
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business Mar 31, 2026, 2:00 AM
McCormick acquires Unilever's food division for $29.1 billion - In March 2026, McCormick confirmed its acquisition of Unilever's food division, valued at $29.1 billion.
- Unilever shareholders will own 65% of the new combined company, while McCormick shareholders will retain 35%.
- This transition aligns with Unilever's strategy to focus on beauty and personal care products, demonstrating a shift in their corporate structure.
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business Mar 20, 2026, 10:11 AM
Unilever explores merger with McCormick for food division - Unilever is in negotiations with McCormick regarding a possible merger of its food division.
- The talks follow a Wall Street Journal report, indicating a potential spin-off of Unilever's food business.
- The merger could allow both Unilever and McCormick to strengthen their market positions and product lines.
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business Dec 9, 2025, 11:35 AM
Ex-Unilever executive Hakan Yurdakul secures £7 million for AI platform - Hakan Yurdakul, a former Unilever executive, co-founded Bolt Insight and is now seeking to expand the company with new funding.
- The company successfully raised £7 million led by Pembroke VCT, with additional contributions from multiple investors.
- The funding will enhance their AI-enabled research capabilities, positioning Bolt Insight in a growing global insights market.
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business Dec 8, 2025, 6:33 PM
Unilever's shares plummet as Magnum Ice Cream debuts in Amsterdam - The FTSE 100 index closed down 21.92 points or 0.2% driven by concerns from investors ahead of a significant interest rate decision.
- Unilever faced a 6.6% decline due to the trading start of Magnum Ice Cream in Amsterdam, which influenced overall market sentiment.
- The ongoing economic developments signal potential volatility in U.S. and European markets, impacting investor outlook.
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business Dec 8, 2025, 8:13 AM
Magnum clashing with Ben & Jerry's over brand values amid demerger - TMICC, the world's largest ice cream company, was formed following Unilever's divestment of its ice cream division.
- The separation has created ongoing disputes with Ben & Jerry's regarding brand values and governance.
- The demerger allows for a focused approach in the growing ice cream market, despite the surrounding controversies.
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business Nov 26, 2025, 10:52 AM
Katjes Group targets Graze with £35 million offer amid Unilever's struggles - Katjes Group is negotiating to purchase Graze, a snack brand owned by Unilever.
- The proposed sale price of £35 million indicates a significant decline from the £150 million Unilever initially paid.
- The sale reflects Unilever's shift toward focusing on fast-growing sectors and divesting underperforming brands.
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2026 All rights reserved