19-02-2017 16:48 via feedproxy.google.com

Meet the bankers working on a potential nearly $250 billion megamerger

Kraft Heinz, the consumer giant backed by Brazilian billionaire Jorge Lemann and Warren Buffett, has made an approach to combine forces with European peer Unilever.
Unilever rejected the approach, but Kraft Heinz said in a statement that it's looking forward "to working to reach agreement on the terms of a transaction." Unilever said in a statement it does not see a basis for any further discussions.
Unilever has a market capitalization of around £112 billion ($140 billion), while Kra
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