Clifford Chance and Wachtell, Lipton, Rosen & Katz are advising Unilever as it agrees to combine its foods division with McCormick & Company, advised by Hogan Lovells and Cleary Gottlieb, in a deal valued at $45bn.
The proposed transaction would combine Unilever’s foods arm — which includes brands such as Knorr, Marmite and Hellmann’s — with McCormick’s portfolio, which includes Schwartz, French’s, Old Bay and Frank’s RedHot.
