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Kraft pulls $143 billion Unilever offer after early interest

Kraft Heinz har opgivet at købe Unilever. Foto: Ap.

Kraft Heinz Co. withdrew its $143 billion bid for Unilever two days after the approach became public, citing the Anglo-Dutch target's reluctance to engage in discussions.

"Kraft Heinz's interest was made public at an extremely early stage," spokesman Michael Mullen said Sunday in an e-mailed statement. "Our intention was to proceed on a friendly basis, but it was made clear Unilever did not wish to pursue a transaction. It is best to step away early so both companies can focus on their own independent plans to generate value."..

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