Unilever PLC Sponsored American Depositary Receipt (UL)
McCormick Stock Is Rising After Earnings. Its Deal With Unilever Could Close Today.
The spice maker and Unilever are in talks about a cash-and-stock deal that could be announced as soon as Tuesday.
Unilever talks to merge foods with McCormick continue
Unilever PLC (LSE:ULVR) said talks are continuing over a potential spin-off of its foods arm into a merger with US spice specialist McCormick & Co. There is a possibility that a deal "could be agreed as soon as today", the FTSE 100 group said, though stressing that there is no certainty an agreement will be reached.
Unilever in talks to combine food business with McCormick in $15.7B deal
Unilever said on Tuesday it is in advanced discussions to combine its food business with McCormick & Company in a deal that could reshape its portfolio. The proposed transaction would deliver about [MONEY value="15,700,000,000" currency="USD"] in cash to Unilever while giving its shareholders a controlling stake in the combined entity.
Unilever says nears deal to merge Foods unit with McCormick
Unilever said on Tuesday it was in advanced talks with spice maker McCormick about a potential combination of its foods business in a deal that would include an upfront cash component of about $15.7 billion, with the majority of the consideration in McCormick equity.
Unilever nears deal to combine food unit with McCormick, WSJ reports
Unilever is in advanced talks to combine its food business with U.S. spice maker McCormick , in a deal that includes a cash component of around $16 billion, the Wall Street Journal reported on Monday, citing people familiar with the matter.
Unilever Nears Deal to Create $60 Billion Food Giant With McCormick
Hellmann's mayonnaise-maker's board met Monday afternoon to review details of the transaction.
Food Mega-Mergers Hardly Ever Work. Could McCormick-Unilever Be Different?
Combining with Unilever's food division would remake McCormick into a global powerhouse, but the recent history of Big Food mergers hits a cautionary note.
Unilever shareholders to get majority stake in potential McCormick food deal, sources say
A proposed combination of Unilever's food business with U.S. spice maker McCormick would offer the British group's shareholders a majority stake in the new entity and tax benefits, two people familiar with the matter told Reuters.
Unilever's McCormick deal flatters to deceive, JPMorgan warns
Unilever's McCormick deal looks neutral at best, JPMorgan warns Unilever PLC's (LSE:ULVR) potential sale of its foods division to American spice giant McCormick may disappoint investors despite its strategic appeal, according to analysis by JPMorgan. The US bank sees the deal as broadly "neutral to value creation", while bringing meaningful execution risks.
Unilever's combining Foods with McCormick would boost sales growth but hit margins, UBS says
Unilever PLC's (LSE:ULVR) reported spin-off its Foods division into a combination with US spice group McCormick would boost the FTSE 100 company's sales growth profile but dent its profitability, according to analysts at UBS. The bank calculates that separating Foods would strip out 26% of group revenues and 29% of operating profit, based on 2025 figures, while pushing the group's underlying operating margin down by 0.8-1 percentage point.
Unilever: Portfolio Reshaping Advances With Food Business Under Review
Unilever (UL) maintains a Hold rating as its current valuation offers limited margin of safety amid macro headwinds and market pressures. UL reported solid 2025 results: 3.5% underlying sales growth, €5.9B FCF, and robust performance from its Power Brands, despite global economic uncertainty. Potential spin-offs, including the legacy food business, may unlock value but introduce new risks and could impact bargaining power and synergies.
From Frank's to Cholula, McCormick's decade of deals sets stage for bold Unilever move
Spice maker McCormick has built a reputation as a savvy acquirer in the past decade, turning brands like Frank's RedHot and French's mustard into growth drivers that now account for a sizeable chunk of its $6.8 billion in annual sales, analysts say.
