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Unilever weighs RMT-structured deal with McCormick to give shareholders stake in new entity -- report
- What: Unilever is reportedly considering a Reverse Morris Trust (RMT) deal with McCormick to create a new entity, potentially giving shareholders a stake in the new company.
- Why: The deal would allow Unilever to spin off its food business, potentially increasing its focus on its core consumer goods segment.
- Signal: The RMT structure would enable Unilever to maintain control over the new entity while giving shareholders a stake in the new company.
- Target: The deal is expected to value Unilever's food business at around **$20 billion**.
- Risk: The deal faces regulatory hurdles and may require significant shareholder approval.