Tag Archives: merger

Just Eat and Hungryhouse merger faces competition probe

Just Eat’s £200m plan to take over rival food delivery service Hungryhouse faces a hurdle. The proposed deal has been referred for an in-depth investigation by the Competition and Markets Authority (CMA). Both companies take online orders from customers and act as delivery middle men between them and restaurants. However, the CMA is worried that the combination of… Read More »

Kraft Heinz to pursue merger despite Unilever rejection

U.S. food company Kraft Heinz Co has proposed a merger with $125 billion (£100 billion) Unilever in what would be one of the biggest deals ever, but the Anglo-Dutch consumer goods company has declined, Kraft said on Friday. A deal with Unilever, which had a market value of $125 billion before its shares spiked, would add Hellmann’s mayonnaise,… Read More »

Kraft Heinz approaches consumer goods giant Unilever about possible merger

US food giant Kraft Heinz has approached Unilever about a merger that would represent one of the biggest tie-ups in corporate history, but the Anglo-Dutch company declined a deal. “Kraft Heinz confirms that it has made a comprehensive proposal to Unilever about combining the two groups to create a leading consumer goods company with a mission of long-term… Read More »

Sumner Redstone and daughter pull CBS, Viacom merger plan

Media mogul Sumner Redstone and his daughter Shari called off their failed effort to merge CBS Corp (CBS.N) and Viacom Inc (VIAB.O) on Monday, sending shares of Viacom – widely viewed as the weaker company – down almost 8 percent. The collapse of the plan, which never got beyond initial talks, raises questions about the future of both… Read More »