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McCormick Plans London Secondary Listing After Unilever Foods Combination

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McCormick (MKC) outlined the operating model, executive team and planned secondary listing on the London Stock Exchange for the combined company following its proposed combination with Unilever Foods, the company said Thursday.

The combined company will operate through four commercial divisions and will be led by an executive team comprising leaders from both businesses, McCormick said.

McCormick added that it intends to seek a secondary listing on the London Stock Exchange while retaining its primary listing on the New York Stock Exchange.

Shares of McCormick were down about 2.3% in Thursday trading.

Price: $50.72, Change: $-1.30, Percent Change: -2.50%

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