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Home>Kraft Withdraws $143 Billion Offer for Unilever -- 2nd Update

Kraft Withdraws $143 Billion Offer for Unilever -- 2nd Update

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Mon, 20 Feb 2017

LONDON -- Kraft Heinz Co. dropped its $143-billion offer for rival Unilever PLC, just a little more than 48 hours after making an audacious bid to combine two of the world's biggest packaged-food companies. In a brief statement Sunday, Kraft said it "has amicably agreed to withdraw its proposal." A

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