Kraft Heinz’s Bid for Unilever Shows Processed Food Industry’s Appetite for Change

Kraft Heinz’s Bid for Unilever Shows Processed Food Industry’s Appetite for Change

Unilever declined a takeover offer of over $140 billion from Kraft Heinz, stating that the offer “fundamentally undervalues” the company. The rebuff prompted Kraft Heinz to withdraw the offer, but speculation continues that the company may be hungry for another merger...