Kraft Heinz

Unilever boss Paul Polman urged the government to review takeover rules

Unilever boss calls for takeover review

By Rick Pendrous

Unilever chief executive Paul Polman’s call for the next UK government to review the UK’s ‘overly liberal takeover rules’ in the wake of the failed £115bn bid for his company from Kraft Heinz, has found some support among food and drink finance experts.

Marmite maker Unilever said it saw “no merit, either financial or strategic” for its shareholders in the bid

Kraft Heinz drops its bid for Unilever

By Rick Pendrous

Kraft Heinz’s retreat from its £115bn ($143bn) takeover bid for Unilever following a rejection by the Anglo-Dutch food giant and concerns raised by unions about potential job losses in the UK, was one of the biggest news stories to hit the headlines last...

Kraft Heinz reported a 1.5% sales drop in its third-quarter trading update

Food giant Kraft Heinz reports 1.5% sales dip

By Matt Atherton

Food giant Kraft Heinz reported a 1.5% dip in sales to £5bn ($6.27bn) in its third-quarter trading update, driven largely by poor sales in the UK and the Netherlands.

Unite the union has raised fears over UK jobs following mega merger

Kraft Heinz job cuts fuel UK fears

By Alice Foster

Fears of job losses following the merger of Kraft and Heinz appear to have been realised, as the food giant announced factory closures and job cuts in North America.

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