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Kraft Heinz, the food conglomerate backed by legendary investor Warren Buffett, said Friday that it made a takeover offer for European consumer products king Unilever. But Unilever said no to a deal.
SANTIAGO, April 27 (Reuters) - Chilean retailer Ripley , which is being acquired by Mexican high-end department store chain Liverpool, said the companies had agreed to extend the deadline for the takeover bid.
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Cerberus Capital Management, which backs Albertsons, has held preliminary talks with bankers about making a bid, according to one report
PPG Industries again raised its offer price for Dutch paint and chemicals maker Akzo Nobel, extending the monthslong takeover battle.
AMSTERDAM, April 24 (Reuters) - PPG Industries, the U.S. paintmaker that is pursuing a takeover of Dutch peer Akzo Nobel, on Monday increased its proposed offer to 26.9 billion euros ($28.8 billion) in cash and shares, from around 24.6 billion euros....
Shares in UK group rise above bid price after deal details announced
Culture secretary gives regulators more time to investigate £11.7bn bid
* Israel's Delek Group said on Friday its offer to take over North Sea oil producer Ithaca Energy has been accepted by Ithaca's shareholders.
A ketchup war is brewing, and the stakes just got higher. Unilever today announced a deal to acquire New York-based condiments upstart Sir Kensington’s. Bloomberg…
Food and drinks group reacts to pressures unleashed by Kraft Heinz’s move for rival
Unilever reported a surprise pick up in quarterly sales growth on Thursday, boosting its argument that it can improve performance on its own after spurning a $143 billion takeover offer from Kraft Heinz in February.
* Abertis up as market weighs Atlantia's takeover plan (ADVISORY- Follow European and UK stock markets in real time on the Reuters Live Markets blog on Eikon - see cpurl://apps.cp./cms/?pageId=livemarkets)
Akzo Nobel outlined a strategy to separate its specialty chemicals division, part of the Dutch firm’s efforts to fend off a $24 billion takeover approach from U.S. rival PPG Industries.
Ant Financial raised its bid for U.S. money-transfer company MoneyGram to around $1.2 billion—topping a rival offer and making China’s biggest online-payments firm the leading contender in a politicized takeover battle.
Shares of PepsiCo Inc. were up 1.3% midday Wednesday after the stock was upgraded to neutral from positive at Susquehanna on the thesis that it will be the target of a joint buyout bid from Kraft-Heinz and Anheuser-Busch . The Pepsi brand has been...
Shares of PepsiCo Inc. were up 1.3% midday Wednesday after the stock was upgraded to neutral from positive at Susquehanna on the thesis that it will be the target of a joint buyout bid from Kraft-Heinz and Anheuser-Busch .
Susquehanna’s Pablo Zuanic believes Kraft Heinz Co (NASDAQ: KHC) needs to look at an M&A deal, with the two most likely candidates being Mondelez International Inc (NASDAQ: MDLZ) and PepsiCo, Inc. (NYSE: PEP). Latest Ratings for PEP ...