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Unilever Eyes Steps To Boost Shareholder Value After Saying No To Kraft's $143-Billion Bid

February 22, 2017: 12:00 AM EST
Unilever said it plans to conduct a strategic review aimed at improving shareholder value, after the consumer-goods giant rejected a proposed takeover by Kraft Heinz Co. Unilever shares gained 5.7 percent in London, back to the levels immediately following Kraft's announcement of its $143 billion bid. According to market observers, Unilever's strategic review could bring about a breakup of the company or an increase in its merger-and-acquisition activity.
Thomas Buckley and Ruth David, "Unilever Reviewing Options for Change After Kraft Bid Fails", Bloomberg, February 22, 2017, © Bloomberg L.P.
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