Kraft Heinz Withdraws Bid For Unilever
The US food giant Kraft Heinz has dropped its bid to buy Unilever days after it rejected a $143 billion buyout offer, the companies said on Sunday. Kraft Heinz had previously signaled it would press ahead with its campaign after the British-Dutch consumer products manufacturer said the initial proposal “fundamentally undervalues” its worth. “Unilever and … Read more