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Unilever Says Possible McCormick Deal Includes $15.7 Billion Upfront Cash

ReutersMar 31, 2026 6:03 AM

March 31 (Reuters) - Unilever PLC ULVR.L:

UNILEVER PLC - RESPONSE TO MEDIA SPECULATION
UNILEVER: NOW IN ADVANCED DISCUSSIONS WITH MCCORMICK & COMPANY
UNILEVER - POTENTIAL DEAL INVOLVES $15.7 BILLION UPFRONT CASH, MAJORITY CONSIDERATION IN MCCORMICK EQUITY
UNILEVER - AGREEMENT COULD BE CONCLUDED TODAY, NO CERTAINTY DEAL WILL BE AGREED
UNILEVER: WORK REMAINS ONGOING TO AGREE AND FINALISE A TRANSACTION
UNILEVER - SHAREHOLDERS EXPECTED TO HOLD 65% OF COMBINED COMPANY
UNILEVER - DEAL TO BE UNDERTAKEN BY REVERSE MORRIS TRUST, INTENDED TO BE TAX-FREE

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