TRP_1170x120_3-8-19

food and beverage industry

Kraft Heinz pulls $143 billion bid for Unilever

Kraft Heinz pulls $143 billion bid for Unilever

NEW YORK — Food giant Kraft Heinz Co. has rescinded its bid to acquire consumer products behemoth Unilever plc. In a joint statement on Sunday, the companies said Kraft Heinz “has amicably agreed to withdraw its proposal for a combination of the two companies.” Published reports said Friday that Kraft Heinz offered $50 per share