Kraft walks away from ''friendly'' bid for Unilever
U.S. food company Kraft Heinz Co withdrew its proposal for a $143-billion merger with larger rival Unilever Plc, the companies said on Sunday, raising questions about whether Kraft will turn its focus to another target.
Feb 20, 2017, 12:42 PM ISTHeinz deal for Kraft expands food larder for Buffett, 3G
Shares of Kraft, known for its namesake macaroni and cheese in a box, as well as Velveeta, Maxwell House coffee and Oscar Mayer processed meats, closed up nearly 36 percent at $83.17.
Mar 26, 2015, 08:58 AM ISTKraft Foods to merge with Heinz to create fifth largest F&B Co
Ketchup maker H J Heinz Company and Kraft Foods Group Inc today said they will merge to create The Kraft Heinz Company, the fifth largest food and beverage (F&B) company in the world.
Mar 25, 2015, 17:41 PM IST