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Kraft Heinz withdraws $143 billion bid to buy Unilever


Kraft Heinz has withdrawn its $143 billion offer to buy Unilever, backing away after the mayonnaise, tea and seasonings maker rejected the bid as too low. The companies announced the decision Sunday in a joint press release, saying that Kraft Heinz has “amicably” withdrawn the offer. Analysts say Kraft Heinz, co-headquartered in Chicago and Pittsburgh,...
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Source: New York Post


20:02, February 19, 2017 Associated Press

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