Less than three days was all it took for Kraft Heinz's GBP112bn (US$139.1bn) takeover approach to Unilever to become public, be rejected and subsequently taken off the table. The attempt is likely to have some...
Warren Buffett has said Kraft Heinz has not prepared "a back-up deal" in the wake of Unilever rejecting the US group's proposed takeover offer.
Unilever rejected the GBP112bn (US$139.1bn) takeover approach from Kraft Heinz because the US group's proposed offer did not value the Knorr maker highly enough, the CFO of the UK-based consumer goods giant CFO has argued.
Unilever has declined to comment on a report suggesting the company is considering splitting in two, spinning off its food business – including brands like Knorr and Hellmann's – from its home and personal care units.
European consumer goods giant Unilever has announced it is launching a review of its operations in order to "accelerate" the value it can give to its shareholders.
Kraft Heinz has pulled its GBP112bn (US$139.1bn) takeover bid for consumer goods giant Unilever. "Unilever and Kraft Heinz hereby announce that Kraft Heinz has amicably agreed to withdraw its proposal…
Kraft Heinz's takeover bid for Unilever came as something of a shock today – not least because of the seeming unlikely pairing of the 3G Capital-owned US group with the…
Kraft Heinz has indicated it is still working towards a merger with Unilever after revealing today (17 February) the European consumer goods giant had turned down an initial approach. A…
Kraft Heinz continued to grow its margins in 2016 and returned to positive organic top-line growth, even as it booked lower sales. The US-based food giant revealed operating profit surged…
Unilever delivered sluggish sales but stronger-than-expected margins when it reported its full-year results today (26 January). The company's revenue was buffeted by issues like demonetisation in India and economic crisis…
Unilever has indicated it will focus on margin acceleration in the coming year as it delivered lower sales but higher earnings against a backdrop of "severe economic disruptions" in 2016. …
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