Nov 24, 7:10 p.m., New York
Create my watchlists and portfolios login | register
Unilever plc GB00B10RZP78

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


Make newratings better! Any features missing?