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.
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...
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.
