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According to reports, Unilever and Kraft Heinz have discussed merging their food businesses.
Gelonghui March 19 | According to the Financial Times of the UK, Unilever and Kraft Heinz are currently negotiating the merger of some of their food businesses. Due to uncertain economic conditions and weak demand for packaged foods, these two consumer goods companies are working to address the challenges. Sources say that negotiations involving the merger of Unilever’s food division with Kraft Heinz’s condiment business have concluded. If an agreement is reached, the new company could be valued at hundreds of billions of dollars, with brands including Hellmann’s mayonnaise and Heinz ketchup.