UK stocks rose as oil prices dipped on eased supply concerns, while traders awaited the Fed's rate decision; Unilever fell following a competition probe into its merger with McCormick.
Magnum Ice Cream reported first-half core earnings of €880 million, exceeding analyst expectations due to supply chain cost reductions following its December 2025 spin-off from Unilever.
Unilever has committed to protecting employment terms for its European and British food business workers for two years following its planned $65 billion merger with McCormick. The agreement extends co
McCormick plans a secondary London listing following its $45 billion merger with Unilever's Foods business, closing mid-2027. The merged entity will operate across four divisions focusing on flavors,
McCormick reported Q2 revenue of $1.94 billion and adjusted profit of 80 cents per share, beating estimates amid strong demand for spices. The company is also proceeding with a $45 billion merger with
Investors urge the merged Unilever-McCormick entity to maintain strict sustainability standards for agricultural commodities, citing concerns over differing ESG regulations and supply chain traceabili
Unilever reported Q1 underlying sales growth of 3.8%, exceeding expectations due to strong demand for home and beauty brands. The company plans to merge its food division with McCormick while maintain
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