Unilever’s recent food merger with McCormick may seem like a great idea, but it’s not as rosy as it sounds. The deal is expected to bring together the two companies into a massive $65 billion entity, but this consolidation can lead to increased complexity and debt for the merged company. This often results in stagnant brands and poor investor returns, which was evident when investors sold off Unilever and McCormick stocks after the announcement.
Source: https://www.wsj.com/finance/investing/why-mccormicks-65-billion-deal-might-actually-work-out-86700b1b