Unilever says McCormick has made an offer to buy its food business [Yahoo! Finance]
Unilever PLC American Depositary Shares (each representing One Ordinary Share) (UL)
US:NYSE Investor Relations:
unilever.com/investor-relations
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Source: Yahoo! Finance
File Photo by John Angelillo/UPI March 20 (UPI) -- Anglo-Dutch multinational consumer goods manufacturer Unilever moved Friday to end media speculation over the future of its food business, confirming that Maryland-headquartered McCormick & Co. Inc. had made an acquisition offer. Unilever said in a news release that it was in discussions with McCormick after receiving "an inbound offer" from the American spices and seasonings firm but stressed "there can be no certainty that any transaction will be agreed." "The Board believes Foods is a highly attractive business, with a strong financial profile led by market-leading brands in growing categories and is confident in the future of the Foods business as part of Unilever," the company added. The transaction under discussion was an all-stock deal that would allow Unilever to concentrate on its personal care products business, in line with comments by CEO Fernando Fenandez in July that the firm wanted to move away from food in favo
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UL
Sec Filings
- 3/20/26 - Form 6-K
- 3/20/26 - Form 6-K
- 3/12/26 - Form IRANNOTICE
- UL's page on the SEC website