Hindustan Unilever has denied speculation of divesting its foods business, stating it remains a core and attractive segment. Parent Unilever confirmed talks with McCormick & Company following an inbound offer, but emphasized no deal is certain. The Indian foods business, generating over ₹15,000 crore annually, is a key pillar of HUL's strategy.
HUL rebuts divestment buzz, says foods business ‘core’ as Unilever confirms talks after inbound offer
