Friday, February 17, 2017

I don't see the sale as a possibility at all, actually. UNLESS, Unilever had competition pressing it's viability.

United Kingdom companies are very valuable to the country in general. It doesn't matter where the operations are in the world, the income translates directly into funding the government through taxation. The UK needs it's multi-nationals in a way the USA does not.

Kraft-Heinz should pursue their own product line. Dove is hard to beat. It is a unique product people have trusted for generations. It isn't going anywhere. Kraft-Heinz should have some fun and bring about unique products to the market out of the R&D. It is a better idea that will create jobs and build a wider base of support. 

If course, I would like that R&D to take place in the USA, of course.

February 17, 2017
By Martinne Geller

Unilever (ULVR.L) (click here) rejected a surprise $143 billion takeover bid from U.S. food company Kraft Heinz Co (KHC.O) on Friday, saying it saw no reason to discuss a deal which it said had no financial or strategic merit.

But while Unilever, the maker of Lipton tea and Dove soap, said the $50 per share offer undervalued it and recommended its shareholders take no action, Kraft Heinz said it looked forward to "working to reach agreement on the terms of a transaction".

Analysts saw this as a sign Kraft was open to a higher bid, although the Anglo-Dutch company said in a statement it saw no basis for further talks. Unilever shares jumped as much as 14 percent to a record high. They were up 13 percent at 37.79 pounds ($46.92) at 1338 GMT, short of the offer price.

A combination of the two multinationals would be the third-biggest takeover in history and the biggest ever acquisition of a UK-based company, according to Thomson Reuters data....