AHLArif Habib LtdView AHL share price and chartMixed Signal
Oct 23, 2026, 10:51 AM
McCormick announces intention to acquire at least 76.55% of Unilever Pakistan Foods
M&A / Public OfferArif Habib Limited, acting as manager to the offer, published McCormick & Company, Inc.’s public announcement of intention to acquire at least 76.55% shareholding and control of Unilever Pakistan Foods Limited, directly or indirectly through affiliates. The proposed acquisition includes 4,876,294 shares held by Conopco, Inc.; the terms and price of any public offer for remaining shares were not determinable at this stage. Completion is subject to applicable regulatory approvals and other stated conditions.
Key Findings
- The proposed acquisition targets at least 76.55% of Unilever Pakistan Foods Limited and control of the company.
- The intended acquisition comprises 4,876,294 shares held by Conopco, Inc.
- McCormick & Company, Inc. is the acquirer, acting directly or through one or more affiliates.
- The announcement states that the public-offer price and number of shares to be acquired through the public offer are not determinable at this stage.
- The transaction is subject to applicable regulatory approvals, including approval of the Competition Commission of Pakistan.
Disclosure Details
Entities Involved
McCormick & Company, Inc., Unilever Pakistan Foods Limited, Conopco, Inc.
Amount
4,876,294 shares, representing 76.55%
Approvals Required
Applicable regulatory approvals, Approval of the Competition Commission of Pakistan
Impact
Intended acquisition of at least 76.55% shareholding and control of Unilever Pakistan Foods Limited; public-offer terms were not determinable at the announcement stage.
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Highlights summarize the key points from the company's official PSX filing. View the original filing for the complete details before making financial decisions.