Anglo-Dutch firm Unilever rejects Kraft Heinz takeover bid

Kraft Heinz has made a £112 billion bid for Unilever, which would be the largest foreign takeover of a UK company. Unilever rejected the offer, but Kraft Heinz remains interested, raising concerns about potential price increases, job losses, and market leverage. A merger would combine well-known brands and create a massive global business, but it also poses competition issues. The situation is reminiscent of Kraft's controversial acquisition of Cadbury. The outcome could have significant long-term effects on consumers, workers, and governments.

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