The Traderszone Network

Published in TZ Latest News 17 February, 2017 by The TZ Newswire Staff

Unilever Shares Soar 11% As Kraft Heinz Pursues $139 Billion Takeover

From Tyler Durden: Unilever shares soared this morning after food conglomerate Kraft-Heinz, backed by Warren Buffett and Brazil’s 3G, confirmed it made a £112bn takeover offer for Unilever, leading to a 11% surge in the shares of the London-listed Anglo-Dutch conglomerate, the biggest one day surge since 1987. Shares of Kraft Heinz rose over 4% premarket in New York.

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