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Unilever, a British-Dutch consumer goods company, rejects a $143 billion takeover offer from Kraft Heinz, citing a lack of financial or strategic merit. Although Unilever declines the initial bid, Kraft Heinz expresses continued interest in reaching an agreement and has until March 17 to submit a final bid under UK takeover rules. This highlights the dynamics of the global consumer goods market and potential future negotiations.
Thursday, 16 February, 2017