Unilever Rejects Shock Kraft Heinz Offer

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

  1. longtermbull

    longtermbull Administrator Staff Member

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    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?

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