McCormick & Co Inc
McCormick, a U.S. manufacturer of spices and herbs, beat out competition from a number of bidders and an announcement of the deal could come as early as Tuesday evening, the FT reported. http://on.ft.com/2u7rEBB
In April, Reckitt Benckiser said it was reviewing strategic options for its small food business as it seeks to pay down debt following its planned $16.6 billion purchase of Mead Johnson.
McCormick was one of the parties interested in the business which is home to French`s mustard and Frank`s RedHot sauce, Reuters had reported in May.
McCormick and Reckitt Benckiser did not immediately respond to Reuters requests for comment.
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