McCormick and Unilever Mega-Merger Very Nice or Very Naughty

Big Deal Big Spices Very Nice

Jagshemash! Borat here reporting live from… well wherever this internet is working today. Big news in world of food. McCormick company that makes spices very popular in America and Unilever company that makes mayonnaise like Hellmann's doing the big merger. $45 billion dollars! That is more money than I have seen in my entire village even when we sold Svetlana's goat for 'research purposes'.

Hellmann's and Hot Sauce Unite Is This My Dream or Nightmare

McCormick is paying $15.7 billion in cash which is like… many many chickens. Unilever gets 55.1% of the combined company so they are like the big boss now. They also have a 9.9% stake which is like keeping eye on the prize. This deal mean McCormick get Hellmann's and Marmite. Marmite is… interesting. Like kissing my sister you not sure you like it but you keep doing it anyway. I heard that From EVs to Explosives Arizona Startup Pivots to Defense Amid Rising Drone Demand also did pivot like that but that is something else.

Unilever Say Goodbye to Food Hello to Face Cream

Unilever is saying goodbye to food business because they want to focus on face cream and shampoo. They say it is growing faster. Maybe they should try my wife's face cream made from yak butter and hope. Very effective but smells like yak butter and hope.

Investors Not So Excited Like When I Show Up to Fancy Dinner

Investors not so happy. Shares of McCormick go down 6% Unilever down 4%. They are scared. They think it risky. Like when I try to drive car in New York City. Very scary. But CEO of McCormick Brendan Foley he say it will be good. He say they have been thinking about this for "a number of years". He say it like planning to steal neighbor's wife… takes time but worth it in the end? Maybe.

Hunt Valley and Netherlands New Power Couple

McCormick keep headquarters in Hunt Valley Maryland. They also add international headquarters in Netherlands. This is like having two wives. One for cooking one for… other things. Unilever get four members on the board including one Unilever executive for the first two years. They watching very closely like government watching my internet searches.

Is This Deal Very Nice or I Insult You

This deal is part of a bigger trend. Big food companies getting smaller. Selling off parts. Like when I try to lose weight for Pamela. Never works. Analyst from Barclays say this deal is good on paper but risky. He say Unilever's majority ownership could make investors nervous. We see. Maybe it is very nice. Maybe it is I insult you. Only time will tell. Chenqui!