McCormick & Company intends to acquire at least 76.55% of Unilever Pakistan Foods

M&A / Public Offer

Unilever Pakistan Foods Limited disclosed that it received an intention from McCormick & Company, Inc. to acquire directly or indirectly at least 4,876,294 voting shares, representing at least 76.55% of its paid-up capital, and obtain control of the company. The proposed transaction exceeds the thresholds under Section 111 of the Securities Act, 2015. The intention was notified to the board on October 21, 2026; no completed transaction or offer terms are stated.

Key Findings

  • McCormick & Company, Inc. is the proposed acquirer.
  • The stated minimum acquisition is 4,876,294 voting shares, or at least 76.55% of paid-up capital.
  • The proposed acquisition would result in control of Unilever Pakistan Foods Limited.
  • The company states that the proposed transaction exceeds Section 111 thresholds of the Securities Act, 2015.

Disclosure Details

Entities Involved
McCormick & Company, Inc. Unilever Pakistan Foods Limited
Amount
At least 4,876,294 voting shares, representing at least 76.55% of paid-up capital
Impact
Proposed acquisition would give McCormick & Company, Inc. control of Unilever Pakistan Foods Limited; the notice does not confirm completion or provide offer terms.
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