0948 GMT - Unilever's deal to combine its food business with McCormick will create a simpler and more focused company for Unilever, but might bring a complicated 15 months ahead, analysts at UBS write in a note. Unilever separating its food business will reduce its geographical exposure to Europe and increase its exposure to emerging markets, they add. Until at least mid-2027, there will be complexities from this separation and one-off restructuring costs, the analysts say. Unilever's share price might be affected by McCormick's in coming months, too. Unilever shares are down 1.2% at 41.48 pounds. (aimee.look@wsj.com)

(END) Dow Jones Newswires

April 01, 2026 05:48 ET (09:48 GMT)

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