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Britain's Competition and Markets Authority on Wednesday launched a Phase 1 investigation into the $65 billion merger between McCormick & Company and Unilever's foods business, adding a regulatory hurdle to one of the largest deals in the consumer packaged goods…

McCormick announced on Wednesday that it will pursue a secondary share listing on the London Stock Exchange once its planned combination with Unilever's food business closes, while retaining its primary listing on the New York Stock Exchange. The company also…