16 articles
McCormick surpassed third-quarter sales estimates at $2.02 billion, lifting shares 5% due to robust demand for affordable condiments linked to GLP-1 drug trends. The firm maintains confidence in its p
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.
A US judge dismissed most claims in Ben & Jerry's lawsuit against Unilever regarding social activism censorship, retaining only payment disputes. Magnum will assume Unilever's role as the primary defe
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,
The Ben & Jerry’s Foundation plans to close after parent company Unilever cut funding and evicted staff during a governance lawsuit. Co-founder Ben Cohen claims the move undermines the brand's progres
Unilever is exploring a bid for U.S. supplements maker Thorne, valued at up to $4 billion, to accelerate its pivot toward wellbeing brands. Thorne produces dietary supplements such as magnesium and om
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
Goldman Sachs predicts M&A volumes nearing 2021 records driven by strong corporate activity, highlighted by the proposed $65 billion Unilever-McCormick food merger.
UK M&A reached $192 billion in 2026 driven by foreign bids, including major deals involving Unilever's food unit and Ingredion's acquisition of Tate & Lyle.
Blackstone and CD&R are exploring bids for Magnum Ice Cream, owner of Ben & Jerry's, after its Unilever spin-off. Shares jumped 16% as PE firms consider turnaround opportunities amidst changing consum
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
KKR is reportedly exploring the sale of its Flora Food Group spreads business, targeting a $10 billion valuation per the Financial Times. The deal involves the unit carved out of Unilever, though Reut
Unilever acquired multivitamin gummy maker Grüns for $1.2 billion as part of its strategic pivot from food to wellness care. This move underscores the booming supplement market where gummies are becom
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