Shares in Kraft Heinz have cratered, potentially leaving it vulnerable to a takeover
Thursday 14 Mar 2019 Author: James Crux
Since Unilever ( ULVR ) rejected an unwanted bid from Kraft Heinz over two years ago, the two packaged consumer goods powerhouses have been on very different share price trajectories. The erstwhile prey looks in a position to turn the tables on its one-time predator, according to an article by Reuters Breakingviews . Kraft Heinz’s shares have been in a downwards spiral after taking a $15.4bn writedown for its...