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ResolvedStocks

McCormick Finalizes $15.7 Billion Acquisition of Unilever's Foods Business

First Detected: Apr 6, 2026, 1:16 PM
Last Update: 5 months ago
5 articles·4 stories

Event Summary

On April 6, McCormick & Company amended its 8-K report to provide definitive details on its planned $15.7 billion acquisition of Unilever's foods business. The deal uses a Reverse Morris Trust structure, resulting in Unilever shareholders holding 55.1% to 65% of McCormick's common stock. The company also secured a $15.7 billion bridge facility to finance the transaction.

Timeline

Price Impact

Since event start
MKC+3.25%
UL+15.38%