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The Kraft Heinz Company (NASDAQ:KHC) is included among the 14 Under-the-Radar High Dividend Stocks to Buy Now.

On March 18, Reuters reported that Unilever and The Kraft Heinz Company (NASDAQ:KHC) had recently held talks about a possible merger of parts of their food businesses, according to the Financial Times. The discussions came as both companies deal with softer demand for packaged foods amid economic uncertainty. The talks focused on combining Unilever’s food division with Kraft Heinz’s condiments business. They have since ended, the FT said, citing people familiar with the matter. If completed, the deal could have created a new company worth tens of billions of dollars, bringing brands like Hellmann’s mayonnaise and Heinz ketchup together.

Separately, Bloomberg reported that Unilever is now considering a broader separation of its food assets. Its shares closed 3.5% lower on March 18, as investors worried the company could get “distracted” by a potential spinoff. Both Unilever and Kraft Heinz declined to comment to Reuters. Kraft Heinz had already paused plans in February to split the company. CEO Steve Cahillane said the move was necessary given weakening conditions in the food industry.

The FT noted that the talks with Unilever took place before Kraft Heinz dropped its breakup plans and instead committed $600 million toward a turnaround effort under Cahillane, who became CEO in January. The earlier proposal would have separated slower-growth grocery brands, including Oscar Mayer and Lunchables, from its sauces and spreads business, which includes Heinz ketchup and Philadelphia cheese.

The Kraft Heinz Company (NASDAQ:KHC) produces and markets food and beverage products globally through eight consumer-focused platforms: Taste Elevation, Easy Ready Meals, Substantial Snacking, Desserts, Hydration, Cheese, Coffee, and Meats. The company reports its operations across two geographic segments: North America and International Developed Markets.

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