GLOBALES: Unilever rejects $143 billion Kraft Heinz bid as without merit
 Inicio > Internacionales | Publicado el Viernes, 17 de Febrero del 2017
GLOBALES: Unilever rejects $143 billion Kraft Heinz bid as without merit
Noticias Relacionadas: KraftUnileverSaidHeinzWhich

Esta noticia ha sido leída 338 veces

Reuters / LONDON Unilever ( ULVR.L ) 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.

The Kraft Heinz approach comes as the global packaged food industry grapples with slowing growth, new competition from upstart brands, deflation in developed markets and increasingly health-conscious consumers.

Unilever has a larger presence than some peers in emerging markets, which were once the big driver of industry growth, but which have slowed in recent years. It is also feeling the after-effects of Britain's decision to leave the European Union.

Although Kraft is smaller than Unilever, with a market value of $106 billion as of Thursday, it is 50.9 percent owned by billionaire Warren Buffett's Berkshire Hathaway ( BRKa.N ) and 3G Capital, the private equity firm that also controls Anheuser-Busch InBev ( ABI.BR ). It has been widely expected to do a deal this year, given earlier reports that 3G had raised a new fund.

3G has orchestrated a string of big deals rocking the food and drink industry, including Anheuser-Busch InBev's takeover of SABMiller and the combination of Kraft and Heinz.



FAST FORWARD

Unilever said Kraft's proposal represented an 18 percent premium to its share price on Thursday, the day before news of the bid was announced in a stock market statement.

It said Kraft's proposal included $30.23 per share in cash, payable in U.S. dollars, and 0.222 of a share in a new enlarged entity per Unilever share.

"This is cheap money meeting industrial logic," Steve Clayton, manager of the HL Select UK Shares fund at Hargreaves Lansdown, which owns Unilever shares, said.

A deal would offer opportunities to combine marketing, manufacturing and distribution in addition to cutting costs.

"Kraft Heinz are attempting a massive push on the Fast Forward button...to acquire the sheer scale of brands that Unilever represents through one-off acquisitions could take decades," Clayton added.



(Additional reporting by Angelika Gruber in Zurich and Danilo Massoni in Milan; Editing by Keith Weir/Ruth Pitchford/Alexander Smith)

A Heinz Ketchup bottle sits between a box of Kraft macaroni and cheese and a bottle of Kraft Original Barbecue Sauce on a grocery store shelf in New York City, New York, U.S. March 25, 2015. REUTERS/Brendan McDermid GLOBALES: Unilever rejects $143 billion Kraft Heinz bid as without merit

Con Información de Reuters

http://entornointeligente.com/articulo/9641266/GLOBALES-Unilever-rejects-$143-billion-Kraft-Heinz-bid-as-without-merit-17022017

Síguenos en Twitter @entornoi

Para mas información visite: Mundinews.com


Instagram Mi Refugio online Twitter Mi Refugio Online Facebook Mi Refugio Online Pagina Web Mi Refugio Online Pagina Web Mi Refugio Online Detener Mi Refugio Online





Destacadas

Gonzalo Morales ¡Feliz Día Nacional del Periodista! a quienes dan la cara por la noticia
Victor Gill Ramirez Estos son los olores de tu cuerpo que no debes ignorar
Francisco Velasquez Cientos de uruguayos festejaron los 20 años de la magia de Harry Potter
Tomas Gonzalez CHILE: Google recibe multa histórica en Europa por abuso de dominio
Francisco Velasquez Barquisimeto: Grupo violento opositor intentó sabotear juego final Liga de Baloncesto
Francisco Javier Velasquez Plan 350 busca organizar la protesta de calle
Francisco Javier Velasquez VENEZUELA: Ministro Villegas: Periodistas deben de trabajar con principios y valores
Gonzalo Morales VENEZUELA: Google considera apelar la decisión de la CE de multarle con 2.420 millones

La Prensa / Al menos cuatro policías están bajo investigación tras ser capturados en una operación antidrogas en el sector de Don Bosco, corregimiento de Juan Díaz.  El director de la...


la tercera / Luego de que la Fiscalía no encontrara antecedentes para formalizar al ex Presidente Sebastián Piñera por el caso Exalmar, el ex mandatario se refirió al inminente cierre de...


Diario Financiero / Por Diario Financiero Online El holding Cencosud"liderado por Horst Paulmann- anunció hoy que realizará un rescate de deuda a 2021 y 2023, negocio que a su vez financiará...


En Pais Zeta / Efectivos de la Guardia Nacional Bolivariana (GNB) introdujeron “ilegalmente” material electoral al Palacio Federal de la Asamblea Nacional (AN) este martes, impidiendo además el ingreso de diputados...

ATENCION: TODOS LOS CONTENIDOS PUBLICADOS EN ESTE SITE SON PROPIEDAD DE SUS RESPECTIVOS MEDIOS, ENTORNOINTELIGENTE NO SE HACE RESPONSABLE POR LOS CONTENIDOS DE TERCEROS. CADA NOTICIA EST� ASOCIADA AL MEDIO DE ORIGEN.
LOS AVISOS DE GOOGLE SON PROPIEDAD DE GOOGLE Y EN NINGUN MOMENTO GUARDAN RELACION CON LA LINEA EDITORIAL DEL PORTAL ENTORNOINTELIGENTE.COM