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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NEW YORK — Food giant Kraft Heinz Co. has rescinded its bid to acquire consumer products behemoth Unilever plc.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

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