Unilever says McCormick deal could close today
Unilever is in advanced talks with McCormick & Company regarding a potential transaction that could be finalized today. The proposed deal would see Unilever combine most of its Foods assets with McCormick, involving an upfront cash component of approximately $15.7 billion and the majority of consideration in McCormick equity, with Unilever and its shareholders expected to hold 65% of the combined company. This move signals Unilever's strategic shift to focus on beauty, wellbeing, and personal care, exiting many of its long-held food assets.
https://www.foodnavigator.com/Article/2026/03/31/unilever-says-mccormick-deal-could-be-finalised-today/