JPMorgan Adjusts Price Target on McCormick & Company to $62 From $63, Keeps Overweight Rating

The UK's Competition and Markets Authority (CMA) is investigating McCormick & Co.'s $44.8 billion acquisition of Unilever's food business. The CMA has until Nov. 11 to decide whether to proceed with a deeper investigation. McCormick will pay $15.7 billion in cash and issue shares worth $29.1 billion. The merged company's total sales would be approximately $20 billion, with Unilever shareholders owning 55.1% of the new entity.

The UK CMA has started a Phase 1 inquiry into McCormick & Co's $44B acquisition of Unilever's food business, which includes brands like Marmite and Horlicks. The deal, announced in March 2026, aims to streamline Unilever's portfolio. Unilever is also selling Colman's mustard to address competition concerns, as McCormick owns French's mustard.

The UK's Competition and Markets Authority (CMA) is investigating McCormick & Co.'s $44.8bn acquisition of Unilever's food assets, including brands like Knorr and Hellmann's. The Phase I probe will assess competition impacts, with a deadline of 11 November. Unilever and McCormick have already agreed to sell Colman's mustard to address potential concerns. Unilever shareholders will own 55.1% of the combined entity, McCormick 35%, and Unilever 9.9%, plus $15.7bn in cash.

The UK CMA is investigating the $65B merger between Unilever's foods unit and McCormick, concerned about reduced competition. Unilever will own 65% of the combined company, with a decision due by 11 November. Both companies see growth potential in the deal, according to their CEOs.

The UK's Competition and Markets Authority has begun a probe into McCormick's acquisition of most of Unilever's food business, with a deadline of Nov. 11 to decide if a deeper investigation is needed.

UK's competition regulator is investigating McCormick's acquisition of most of Unilever's foods business to assess potential impact on competition in UK markets.