McCormick investors like the $44.8 billion Unilever Foods deal, even though there’s a catch

Site SearchClearSEARCHAdvanced Search ➔Search ResultsSymbolsNo results foundAll NewsArticlesVideoPodcasts0 ResultsNo Results FoundAuthorsNo results foundSectionsNo results foundColumnsNo results found McCormick’s stock having worst month in 46 years, as investors frown on Unilever Foods dealThe deal includes $29.1 billion in McCormick’s stock and $15.7 billion in cash, but Unilever and its shareholder will own 65% of the combined companyLast Updated: March 31, 2026 at 10:15 a.m. ETFirst Published: March 31, 2026 at 7:52 a.m. ETShareResizeListen(4 min)McCormick’s stock was headed for its worst month in 46 years after the spice maker announced terms of a $44.8 billion deal to combine with Unilever’s foods business. Photo: Getty ImagesShares of McCormick Unilever will own 9.9% of the company and Unilever shareholders will own 55.1%. About the Author Tomi KilgoreTomi Kilgore is MarketWatch's Managing Editor, Companies, and is based in New York. You can follow him on Twitter @TomiKilgore.Show Conversation (0)Back To TopA Dow Jones CompanyCopyright © 2026 MarketWatch, Inc. All rights reserved.Terms of UsePrivacy NoticeCookie NoticeArchive MarketwatchCustomer CenterContact UsNewslettersNewsroom RosterVirtual Stock ExchangeMarketWatch GuidesCopyright PolicyManage NotificationsCancel My SubscriptionCompanyDow JonesCode of ConductCorrectionsReprints & LicensingDigital Self ServiceYour Ad ChoicesCorporate SubscriptionsAccessibilityDow Jones NetworkThe Wall Street JournalBarron'sInvestor's Business DailyFinancial News Londonrealtor.comMansion GlobalDow Jones Smart MoneyIntraday Data provided by FACTSET and subject to terms of use. Historical and current end-of-day data provided by FACTSET. All quotes are in local exchange time. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Intraday data delayed at least 15 minutes or per exchange requirements.