Unilever Stock Price Hovers Near 1-Year Low as McCormick Foods Deal Doubts Persist
Unilever shares hovered near a one-year low Thursday, closing at 4,504 pence in London after hitting 4,481 pence Wednesday. The company confirmed talks with McCormick over its Foods division, which generated €12.9 billion in 2025, but said no deal was certain. Investors remain cautious as the stock trades over 17% below last year's high.