Unilever in talks to sell food business to 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 confirmed it is in talks to sell its food business to McCormick & Co, a deal that would allow the Hellman's mayonnaise owner to focus on its faster-growing personal care business while enabling the flavor giant to expand its branded portfolio in retail. In separate statements, both companies said that while discussions are ongoing, there is no certainty that a deal will be reached. Talks were first reported by The Wall Street Journal A merger between Unilever's food business and McCormick would create a food and flavorings giant with billions of dollars in annual sales. The combined business would include everything from McCormick's red and white containers of spices, along with other major brands, including Frank's RedHot, French's Mustard, Hellmann's mayonnaise and Knorr sauces and seasonings. Purchasing Unilever's food business would be the largest deal in McCormick's 137-year history and position it as a bigger rival to other condiment giants, including Kraft Heinz
Show less
Read more
Impact Snapshot
Event Time:
UL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
UL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
UL alerts
High impacting Unilever PLC American Depositary Shares (each representing One Ordinary Share) news events
Weekly update
A roundup of the hottest topics
UL
News
- Unilever Food Split Talks With McCormick Reshape Focus And Valuation Gap [Yahoo! Finance]Yahoo! Finance
- ‘It's a shame': US mustard maker in talks to buy Colman's and Marmite [Yahoo! Finance]Yahoo! Finance
- "Lot Of Questions On Structure:" Goldman Reacts To Old Bay Maker's Bid For Unilever Food Unit [zero hedge]zero hedge
- Unilever says McCormick has made an offer to buy its food business [Yahoo! Finance]Yahoo! Finance
- Work From Home, Carpool and Fly Less to Combat Soaring Oil Prices, IEA Says [Yahoo! Finance]Yahoo! Finance
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