Unilever rejected Heinz
US food giant Kraft Heinz Co. made a 143 billion USD merger offer for the Anglo-Dutch Unilever, but Unilever rejected Heinz’s offer, because the company considered the amount too low – mfor.hu wrote.
Members of the Unilever reported on Friday that they rejected the 50 USD per share offer that undervalued the company. Representatives of the Unilever told that they do not see the point of continuing the negotiations, because the current offer does not reflect the intesrests of the Unilever shareholders. (MTI, mfor.hu)
Related news
The Waberer’s Group entered the fullfilment market with Unilever
WSZL, a subsidiary of the Waberer’s Group, manages nearly 800…
Read more >A new chapter in the development of Hungarian agriculture: HUF 475 billion in the name of sustainability and innovation
In accordance with the strategic plan of Hungary’s KAP (Common…
Read more >KSH: industrial production increased by 1.8 percent in February, the largest increase in the production of food, beverages and tobacco products
In February 2024, the volume of industrial production exceeded the…
Read more >Related news
Danone’s quarterly revenue decreased
The revenue of the French food and beverage manufacturer Danone…
Read more >Burger King opened its fifty-seventh restaurant in Nagykanizsa
Burger King opened its 57th restaurant in the country and…
Read more >Euronics comes up with no frills advertising
Euronics’ new creative platform is launching with commercials without dialogue.…
Read more >