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McCormick and Unilever's Food Division Combine to Form $60 Billion Giant

McCormick is combining with Unilever's food division, creating a $60 billion food giant following advanced talks between the two companies.

30 Mar, 23:13 — 31 Mar, 13:19
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The Story

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Source Diversity

Excellent (96/100)
16 sources33/33
Spectrum spread5/5 buckets covered33/33
Far L2
Far Left (2)
The IndependentThe Guardian
Left2
Left (2)
Yahoocnbc
Center6
Center (6)
nosAPmarketwatchnl-timesReutersFT
Right5
Right (5)
wsjrzeczpospolitafaznaftemporikiseeking-alpha
Far R1
Far Right (1)
zerohedge
Geographic diversity7 regions30/34
US7UK3Netherlands2Poland1Germany1Greece1Intl1

Sources

Showing 12 of 16 sources
APVery High2h ago

Spice maker McCormick is combining with Unilever’s food division - AP News

Spice maker McCormick is combining with Unilever’s food division  AP News

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ReutersVery High6h ago

Unilever, McCormick near deal to create $60 billion food business - Reuters

Unilever, McCormick near deal to create $60 billion food business  Reuters

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wsjHigh1h ago

Unilever to Combine Foods Business With McCormick - wsj.com

Unilever to Combine Foods Business With McCormick  wsj.com

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FTVery High15h ago

Unilever nears deal to combine food division with spice maker McCormick

Move will transform Hellmann’s mayonnaise maker from multi-category conglomerate into beauty and personal care company

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The GuardianMostly Factual3h ago

Marmite maker Unilever nears deal to combine food arm with US condiment giant

Spinning off brands such as Hellmann’s, Knorr and Pot Noodle into $60bn entity puts core focus on beauty, personal care and home products Business live – latest updates Unilever is in advanced talks to combine its food business with US-based McCormick in a deal including $15.7bn (£11.9bn) cash that would give the Marmite-to-Hellmann’s mayonnaise owner majority control of a $60bn food empire. London-listed Unilever will control 65% of the new spin-off, which will combine brands such as Knorr...

By Mark Sweney

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cnbcMostly Factual2h ago

McCormick buys Unilever's food business in deal that values it at nearly $45 billion

McCormick will pay a combination of cash and equity to expand further into condiments and spreads.

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marketwatchMostly Factual2h ago

McCormick looks to merge with Unilever’s food business, but there’s no mention in earnings report

McCormick’s stock surges amid talks to combine with Unilever’s foods business, but there’s no mention of the deal in the earnings report.

By Tomi Kilgore

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The IndependentMostly Factual1h ago

Unilever strikes £33.8 billion food business tie-up deal with US rival McCormick

It will create a major food giant, combining brands including Unilever’s Hellmann’s and Marmite with McCormick’s French’s mustard and Schwarz.

By Anna Wise

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YahooMostly Factual2h ago

McCormick and Unilever's foods business just announced a spicy merger

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seeking-alphaMixed7h ago

Unilever, McCormick near merger to create global food giant

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zerohedgeLow3h ago

Unilever In "Advanced Discussions" To Sell Food Unit To Old Bay Maker

Unilever In "Advanced Discussions" To Sell Food Unit To Old Bay Maker Unilever Plc confirmed it is "now in advanced discussions" with Maryland-based spice maker McCormick & Company to sell its food business unit in a $15.7 billion transaction and said a final deal could be announced as soon as today.  "The Company is now in advanced discussions with McCormick & Company ("McCormick") regarding a potential transaction," the Anglo-Dutch consumer goods company wrote in a press relea...

By Tyler Durden

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nl-timesMostly Factual5h ago

Unilever nearing deal to merge food business with spice maker McCormick

In response to media speculation, Unilever released a statement on Tu

By 87727

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Coverage Timeline

First report: FT · 30 Mar, 23:13Full coverage: 16 · 14hWindow: 14h
Left-leaningCenterRight-leaning
FT30 Mar, 23:13First to report

Unilever nears deal to combine food division with spice maker McCormick

8h later
seeking-alpha31 Mar, 06:49

Unilever, McCormick near merger to create global food giant

Reuters31 Mar, 07:27

Unilever, McCormick near deal to create $60 billion food business - Reuters

1h later
naftemporiki31 Mar, 08:51

Unilever: Kλείνει deal 60 δισ. με την McCormick

nl-times31 Mar, 09:14

Unilever nearing deal to merge food business with spice maker McCormick

faz31 Mar, 09:34

Konsumgüterkonzern: Unilever verhängt Einstellungsstopp

1h later
The Guardian31 Mar, 10:40

Marmite maker Unilever nears deal to combine food arm with US condiment giant

zerohedge31 Mar, 11:20

Unilever In "Advanced Discussions" To Sell Food Unit To Old Bay Maker

marketwatch31 Mar, 11:52

McCormick looks to merge with Unilever’s food business, but there’s no mention in earnings report

rzeczpospolita31 Mar, 11:56

Unilever i McCormick chcą stworzyć nowego giganta spożywczego. Porozumienie blisko

cnbc31 Mar, 12:08

McCormick buys Unilever's food business in deal that values it at nearly $45 billion

Yahoo31 Mar, 12:16

McCormick and Unilever's foods business just announced a spicy merger

AP31 Mar, 12:22

Spice maker McCormick is combining with Unilever’s food division - AP News

nos31 Mar, 12:42

Calvé, Cup A Soup en Hellmans van Unilever worden Amerikaans, kans op beursnotering in Nederland

wsj31 Mar, 13:06

Unilever to Combine Foods Business With McCormick - wsj.com

The Independent31 Mar, 13:19Latest update

Unilever strikes £33.8 billion food business tie-up deal with US rival McCormick