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Mergers and Acquisitions Takeover Bids

  • Kraft and Heinz products

    Kraft Heinz has decided to withdraw its $143 billion offer to buy Unilever, which had spurned the offer as too low, The AP reports.

  • NEW YORK— Kraft Heinz has withdrawn its $143 billion offer to buy Unilever, backing away after the mayonnaise, tea and seasonings maker rejected the bid as too low. The fact that it bid for all of Unilever and not just its food business indicates that Kraft Heinz is potentially open to acquiring other packaged consumer goods, one analyst said.

  • LONDON, Feb 17- U.S. food company Kraft Heinz Co made a surprise $143 billion offer for Unilever Plc in a bid to build a global consumer goods giant, although it was flatly rejected on Friday by the maker of Lipton tea and Dove soap. A combination would be the third-biggest takeover in history and the largest acquisition of a UK- based company, according to Thomson...

  • LONDON, Feb 17- U.S. food company Kraft Heinz Co made a surprise $143 billion offer for Unilever Plc in a bid to build a global consumer goods giant, although it was flatly rejected on Friday by the maker of Lipton tea and Dove soap. A combination would be the third-biggest takeover in history and the largest acquisition of a UK- based company, according to Thomson...

  • LONDON, Feb 17- U.S. food company Kraft Heinz Co made a surprise $143 billion offer for Unilever in a bid to build a global consumer goods giant, although it was flatly rejected on Friday by the maker of Lipton tea and Dove soap. A combination would be the third-biggest takeover in history and the largest acquisition of a UK- based company, according to Thomson Reuters...

  • A combination would be the third-biggest takeover in history and the largest acquisition of a UK- based company, according to Thomson Reuters data, triggering British fears over jobs. It would bring together some of the world's best known brands, from toothpaste to ice creams, and combine Kraft's strength in the U.S. with Unilever's in Europe and Asia.

  • A combination would be the third-biggest takeover in history and the largest acquisition of a UK- based company, according to Thomson Reuters data, triggering British fears over jobs. It would bring together some of the world's best known brands, from toothpaste to ice creams, and combine Kraft's strength in the U.S. with Unilever's in Europe and Asia.

  • By Kit Rees and Danilo Masoni. LONDON, Feb 17- European shares posted their second week of gains on Friday with personal and household goods stocks led by a leap in Unilever's shares after a takeover bid, though banking and resources stocks saw a pull-back. A prime example of M&A activity was a surprise $143 billion takeover bid from U.S. food company Kraft Heinz Co...

  • *Unilever says $50/ shr bid too low. LONDON, Feb 17- Unilever rejected a surprise $143 billion takeover bid from U.S. food company Kraft Heinz Co on Friday, saying it saw no reason to discuss a deal which it said had no financial or strategic merit. A combination of the two multinationals would be the third-biggest takeover in history and the biggest ever acquisition...

  • Kraft and Heinz products

    Jonathan Feeney, Consumer Edge Research, discusses the news of a potential takeover bid between Kraft Heinz and Unilever.

  • *New offer values Stada at 3.6 bln eur. FRANKFURT, Feb 16- German generic drugs company Stada said on Thursday it had received its third takeover approach, and at 58 euros per share, the latest offer was two euros higher than rival suitor Cinven Partners' offer. Private equity firm Advent International was the second prospective bidder though a price has not been...

  • BERLIN, Feb 16- German generic drugs company Stada said on Thursday it had received another takeover approach, the third so far and at 58 euros per share, two euros up on rival suitor Cinven Partners' offer. The company said earlier this week that the private equity investment firm had offered 56 euros per share, but it has not disclosed the price proposed by the...

  • *J&J's $280 per share tender offer to start March 3. ZURICH, Feb 16- Swiss biotech company Actelion, days before agreeing to a $30 billion bid by Johnson& Johnson, found a rival offer to be as attractive but went with J&J because its offer provided more certainty, a filing showed on Thursday. J&J's prospectus for its tender offer revealed the rival bidder, identified...

  • The SEC announcement came two years after CVR disclosed regulators were examining whether it properly characterized fees it agreed to pay advisers Goldman Sachs and Deutsche Bank to defend against Icahn's tender offer. According to the SEC, the Texas- based oil refinery company made inadequate disclosures in SEC filings about "success fee" arrangements it...

  • Cigna says it is rejecting Anthem's proposed $48 billion acquisition bid and suing the Blue Cross- Blue Shield insurer. The announcement comes hours after another major insurer, Aetna, said it was abandoning its planned $34 billion purchase of Medicare Advantage provider Humana. Cigna Corp. says it is seeking a $1.85 billion termination fee from Anthem and...

  • FRANKFURT, Feb 13- Stada has invited rival suitors Cinven Partners and Advent International to the negotiating table, the German generic drugs and consumer care group said on Monday, after months of courtship. Stada's share price, inflated by persistent takeover speculation, and opposition from supervisory board chairman Carl Ferdinand Oetker, part of the...

  • TOKYO, Feb 9- Toshiba Corp has received bids ranging from 200 billion yen to as much as 400 billion yen for a 19.9 percent stake in its flash memory business, a person directly involved in the deal told Reuters on Thursday. Suitors for the Japanese company's chip unit include rivals SK Hynix Inc and Micron Technology Inc, data storage firm Western Digital Corp and...

  • Hudson's Bay approaches Macy's about takeover -DJ

    CNBC's David Faber reports that according to Dow Jones, talks are in early stages for a Macy's takeover from Hudson's Bay.

  • Walgreens, Rite Aid amend takover agreement

    CNBC's Seema Mody reports the latest on the takeover deal between Walgreens and Rite Aid.

  • Expanding Formula 1 racing to its full potential:  CEO

    Chase Carey, Formula 1 CEO, talks about growing the sport of auto racing in the U.S.