home Local News Kraft Heinz drops $143-billion offer for Unilever

Kraft Heinz drops $143-billion offer for Unilever

Kraft Heinz has decided to withdraw its $143-billion offer to buy Unilever, the companies announced Sunday in a joint news release.

Unilever — which has a head office in London and makes mayonnaise, tea and seasonings — earlier had spurned the offer, saying the price was too low.

Despite rejection,…



Source: LA Times

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