Author Topic: Love it or loathe it - Marmite for sale?  (Read 3603 times)

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Offline TonyKath

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Love it or loathe it - Marmite for sale?
« on: Friday, 17 February, 2017 @ 19:21:54 »
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Unilever, whose brands include Marmite and PG Tips, has strongly rejected a takeover bid from US giant Kraft Heinz.

The UK-based household goods maker said it saw "no merit, either financial or strategic" in Kraft's offer, worth about $143bn (£115bn).

But Kraft, which makes Heinz ketchup, indicated it would continue working on a deal, sending shares in Unilever surging more than 11%.
The deal would be one of the biggest in corporate history.

It would combine Unilever's dozens of household names, including Ben & Jerry's ice cream, Dove soap, and Hellmann's mayonnaise, with Kraft's own wide range, such as Philadelphia cheese and Heinz baked beans.

http://www.bbc.co.uk/news/business-39006302

Tony

Offline Maik

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Re: Love it or loathe it - Marmite for sale?
« Reply #1 on: Tuesday, 21 February, 2017 @ 12:18:43 »
Looks like the deal is off, Tony. Probably when Kraft Heinz realised Marmite would be coming their way.

Offline TonyKath

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Re: Love it or loathe it - Marmite for sale?
« Reply #2 on: Tuesday, 21 February, 2017 @ 12:55:41 »
Glad to hear Marmite is staying at least part Brit.  Love it myself.  Try it on brown bread with slices of tomato on top.  Delish!!!

Tony