Unilever announces that its food business will merge with McCormick

LightningPacketLoss · 2026-04-06T22:47:11+00:00

Unilever has reached an agreement to merge its food business (excluding India and certain divested operations) with McCormick. Unilever and its shareholders will hold a 65% stake and receive $15.7 billion in cash.

LightningPacketLoss

2026-04-06 22:47:11

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On March 31, Unilever said in a post on its official website that Unilever and Wm. Wrigley? reached an agreement under which Unilever’s food business (excluding India and other divested businesses) will be merged with Wm. Wrigley? . Unilever and its shareholders will collectively receive shares equivalent to 65.0% of the fully diluted share capital of the combined company, following the merger. At the time the transaction is completed, Unilever will also receive a cash payment of $15.7 billion.

（Corporate Official Website）

(Edited by: Wang Can, Lin Chen)

Keywords:

                                                            Food
                                                            Unilever

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