McCormick to buy 76.55% of Unilever Pakistan Foods Limited

McCormick & Company says it will take at least 76.55% of Unilever Pakistan Foods Limited and then make a public offer under local takeover rules.

McCormick & Company plans to acquire at least 76.55% of Unilever Pakistan Foods Limited, according to a regulatory filing.

McCormick intends to buy 4.88 million shares under an agreement, then make a public offer.

Competition Commission of Pakistan approval is still needed before the offer can proceed.

The stock ended at Rs25,352 on the trading day before the announcement.

Net sales reached Rs40.57 billion in 2025, while net profit fell to Rs5.95 billion.

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