Kraft Heinz withdraws $143B bid to buy Unilever

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Ketchup maker and packaged food giant Kraft Heinz has withdrawn a $143 billion offer to buy Unilever, backing away after the mayonnaise, tea and seasonings maker rejected the bid as too low.

The companies announced the decision Sunday in a joint press release, saying that Kraft Heinz has “amicably”…

fromhttp://www.baltimoresun.com/business/ct-kraft-heinz-withdraws-bid-to-buy-unilever-20170219-story.html

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