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0.000446109921484755 -8.92219842968496E-05 0.00472876516773734 0.00249821556031407 0.00151677373304784 -0.00303354746609555 0 -0.00115988579586006
Stock impact report

Unilever confirms $44.8B acquisition of McCormick [Yahoo! Finance]

Unilever PLC American Depositary Shares (each representing One Ordinary Share) (UL) 
US:NYSE Investor Relations: unilever.com/investor-relations
Company Research Source: Yahoo! Finance
Unilever PLC (LSE:ULVR) said on Tuesday it has agreed to combine its food business with McCormick & Company Inc (NYSE:MKC) in a $44.8 billion transaction, creating a global portfolio of iconic and high-growth food brands. The combined business will include well-known labels such as McCormick, Knorr, and Hellmann's, as well as faster-growing brands including Cholula, Maille, and Frank's, generating an estimated $20 billion in revenues, Unilever said in a statement. McCormick will retain its name, Maryland headquarters, and NYSE listing, while establishing an international headquarters in the Netherlands and pursuing a secondary European listing. The deal comes as McCormick reported its first-quarter 2026 earnings, highlighting the contribution of recent acquisitions. Net sales rose 16.7% to $1.87 billion, while adjusted earnings per share climbed 10% to $0.66, surpassing analysts' average estimate of $0.63. Adjusted operating income increased 18.8% to $267.6 million. McCormick Show less Read more
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