17-02-2017 13:45 via thedrum.com

Kraft Heinz confirms Unilever merger ambition

The Kraft Heinz company has confirmed its pursuit of a merger with Unilever, a move that has been initially rejected but would create a consumer goods giant encapsulating many of the world’s top brands should it go ahead. 
The company has revealed that the proposed merger was shot down, resulting in stock to rise in both firms, with Kraft Heinz up 4.33% and Unilever up 9.74% at the time of publication.
The Financial Times reports that the deal would be one of the largest in
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