Story Edition - Unilever rejects $143-billion Kraft Heinz offer as too low

 
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Wednesday, May 24, 2017

7:40:00 PM CEST

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Geolocation Information

Place : America
Geo Path : United States
lat : 38.9051   lon : -77.0162

Quotes... Extracted quotes

Neil Wilson said: "It could come up against a number of hurdles as it would create a giant in the sector," "EU regulators in particular could be against it" External link

newstalkFriday, February 17, 2017 7:21:00 PM CET

Mark Jones said: “Consumer choices are changing, we are moving away from processed foods and towards fresh. Millennials will soon surpass the baby boomer generation as the largest living generation and millennials are not keen on processed food,” External link

independent-UKFriday, February 17, 2017 6:53:00 PM CET

Michael Hewson said: “Kraft Heinz is a bit of a corporate raider,” “There’s still a nasty aftertaste in the mouth after what happened with Cadbury in 2010” External link

WashingtonPostSaturday, February 18, 2017 3:24:00 AM CET

Michael Hewson said: “For me, the deal makes no sense,” External link

WashingtonPostSaturday, February 18, 2017 3:24:00 AM CET

Richard Peterson said: "3G and Berkshire, they're noted for trying to find efficiencies, and this is on a massive scale," External link

cnbcFriday, February 17, 2017 5:18:00 PM CET

Michael Mullen said: "While Unilever has declined the proposal, we look forward to working to reach agreement on the terms of a transaction," External link

news4jaxFriday, February 17, 2017 5:10:00 PM CET

Michael Hewson added: "A merged company would be a huge undertaking and the amount of costs that could well get stripped out of any combined entity is bound to worry governments in countries where Unilever has a significant number of employees, like the UK and Holland," External link

ibtimes-ukFriday, February 17, 2017 5:32:00 PM CET

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Subtitles

  • Rejected by Unilever, Kraft Heinz still hungry for expansion
  • Unilever rejects £115bn mega-merger with Kraft Heinz
  • Kraft Heinz Spurned in $143 Billion Unilever Takeover Bid
  • ...
  • Kraft to pursue Unilever after USD 143 bn bid spurned
  • Unilever rejects Kraft Heinz' $143-billion merger bid
  • Kraft Heinz confirms proposed Unilever merger

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