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Unilever/McCormick merger: UK regulator seeks remedies to allay competition fears

If no remedies are offered, or the CMA deems them "insufficient", the deal will move to an in-depth Phase 2 probe.

Latest news

EU pushes ahead with plan to ban caged hen egg farming

End the Cage Age coalition welcomed the ‘leaked’ proposals but criticised the lengthy implementation period.

Hain Celestial flags “going concern” risk unless debt agreement secured

Bankruptcy, a wind-down or liquidation would be options, Hain Celestial said in a SEC filing.

Cereals, soft drinks hit hardest by UK nutrient rule change – study

Under the revised model, 72% of the 15,514 supermarket products analysed were classified as failing, up from 58%.

Ex-Camposol CEO joins fellow fruit group Unifrutti

Gómez Bazán succeeds interim CEO Svet Varadzhakov, who will remain a member of Unifrutti’s board.

Sambazon buys Pitaya Foods to grow fruit range

Sambazon expects the combined business to deliver 45% annualised revenue growth over the next 12 months.

France vows all “means of response” to alleged Iran retail hacks

France claims the Islamic Revolutionary Guard Corps was behind the October attacks on supermarket refrigeration systems.

PepsiCo ‘to cut 1,000 jobs in North America’

CEO Ramon Laguarta last month indicated PepsiCo was identifying “structural cost reduction actions”.

Iceland Seafood cuts profit outlook on Argentina woes

The revised forecast puts earnings broadly in line with the company’s 2025 normalised pre-tax profits.

Tyson Foods inks cattle deal to cushion beef shortage

The tie-up is intended to establish a “more economically sustainable model” throughout the cattle supply chain, Tyson said.