Unilever in talks to sell food arm to smaller rival McCormick

LONDON, U.K.: Unilever is in discussions to sell its food business to U.S.-based McCormick & Company, in a potential deal that would accelerate the British consumer goods group's shift toward faster-growing segments.

The company confirmed that it had received an offer from McCormick, best known for its spices and sauces, and said talks were ongoing. McCormick also confirmed it was engaged in discussions rega