Unilever shareholders to get majority stake in potential McCormick food deal, sources say

A proposed combination of Unilever's food business with U.S. spice maker McCormick would give Unilever shareholders a majority stake in the combined entity and deliver tax benefits, according to sources. If pursued, the transaction could materially reshape ownership in consumer foods, move Unilever and McCormick share prices and trigger regulatory review.

Analysis

A proposed combination of Unilever's food business with U.S. spice maker McCormick would give Unilever shareholders a majority stake in the combined entity and deliver tax benefits, according to sources. If pursued, the transaction could materially reshape ownership in consumer foods, move Unilever and McCormick share prices and trigger regulatory review.