3G Capital

Kraft-Heinz’s bid to acquire Unilever collapses

USA – Kraft Heinz Company’s $143bn bid for Unilever collapsed just two days after it became public knowledge, with the adamancy of the Anglo-Dutch target’s rejection said to play into billionaire Warren Buffett’s longtime aversion to hostile deals.

Kraft-Heinz’s bid to acquire Unilever collapses

USA – Kraft Heinz Company’s $143bn bid for Unilever collapsed just two days after it became public knowledge, with the adamancy of the Anglo-Dutch target’s rejection said to play into billionaire Warren Buffett’s longtime aversion to hostile deals.