1. Unilever Eyes Radical RMT Deal with McCormick, Could Spin Off Major Unit to Shareholders
Unilever is reportedly exploring a highly unconventional transaction with McCormick & Company, structured as a Reverse Morris Trust (RMT). This complex maneuver would not be a simple sale but a strategic spin-off, creating a new, separate public entity that would be distributed directly to Unilever shareholders. The de...