Unilever Jumps After Rejecting Takeover Offer From Kraft Heinz
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.
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