Consumer goods giant Unilever (LSE: ULVR) today (31 March) announced that it is in “advanced discussions” with Schwartz owner McCormick about “a potential strategic transaction involving elements of its Foods business”. It then announced shortly afterwards that it has agreed to combine its entire foods business with McCormick. That was quick!

What might that mean for the Unilever share price down the road?

There is a strategic logic here

Personally I will be sad to see Unilever get rid of its food business.

After all, the firm itself is a combination of the Lever brothers’ detergent business, associated with the iconic Port Sunlight model village on the Wirral, and Dutch…