Unilever Rejects Shock Kraft Heinz Offer

Discussion in 'General Trading Discussion' started by longtermbull, Feb 21, 2017.

    Feb 21, 2017
  1. longtermbull

    longtermbull Administrator Staff Member

    Joined:
    Nov 2016
    Posts:
    1,720
    Likes Received:
    20
    Anglo Dutch giant Unilever has today rejected an indicative takeover offer from US group Kraft Heinz which is believed to be between £100 billion and £115 billion. The company’s share price increased by 12% on the stock market today as investors woke up to this surprising news. So, where does this leave Unilever and will Kraft Heinz actually make a firm offer?

    Read full article
     
    longtermbull, Feb 21, 2017
    longtermbull, Feb 21, 2017
    #1
Tags:

Share This Page