Unilver rejects Kraft Heniz’s takeover bid

Unilver rejects Kraft Heniz’s takeover bid

Unilever has rejected takeover bid from one of its major competitor US food company Kraft Heinz saying the deal lacks any financial or strategic merit. Kraft Heniz made an offer of $143bn to buy UK based Unilever, one of the world’s most popular brands. But Unilever considers this $50-a-share offer to be undervalued and has […]