HALISTER: Kraft Heinz Confirms it Approached Unilever on Merger

Kraft Heinz Confirms it Approached Unilever on Merger

(Bloomberg) -- Kraft Heinz confirms it has made proposal to Unilever about combining the two groups.
  • While Unilever has declined proposal, KHC says it looks forward to working to reach agreement on terms of transaction
  • KHC up 3.4% pre-market; Unilever up as much as 9.9% in Europe
  • UNA NA market cap EU132b, KHC market cap $106b: Bloomberg data
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Source: BFW (Bloomberg First Word)

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UNA NA (Unilever NV)

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