22-March-2026
Corporate News
 
HUL rebuts divestment buzz, says foods business ‘core’ as Unilever confirms talks after inbound offer
21-Mar-2026

Hindustan Unilever said its foods business remains a core and attractive segment, pushing back against speculation of a potential divestment, even as parent Unilever confirmed it is in talks with McCormick & Company, after receiving an inbound offer for the unit. "HUL is not in any discussions regarding divestment of the foods portfolio," the company said in a filing, adding that the business continues to be a key pillar of its strategy.

News Source:- https://economictimes.indiatimes.com/industry/cons-products/food/hul-rebuts-divestment-buzz-says-foods-business-core-as-unilever-confirms-talks-after-inbound-offer/articleshow/129708428.cms