Nov 24, 7:10 p.m., New York
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Unilever plc GB00B10RZP78

Unilever Jumps After Rejecting Takeover Offer From Kraft Heinz

02/17/17

LONDON (dpa-AFX) - Shares of Unilever (UN) have moved sharply higher during trading on Friday, with the Dutch consumer goods company surging up by 12.4 percent. The jump has lifted Unilever to a five-month intraday high.

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The rally by Unilever comes after the company rejected a $143 billion takeover offer from food giant Kraft Heinz (KHC). Kraft Heinz said it would continue to pursue a merger.

Copyright RTT News/dpa-AFX


                                                                                                                        

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