Why would Unilever help Kraft Heinz save face, given it manifestly doesn’t want to be acquired, let alone by the US ketchup maker? ALSO READ | Unilever shares slide after Kraft Heinz withdraws $143 billion takeover bidSure, Unilever is a good-hearted corporate citizen. But it looks like it may need something from Kraft Heinz one day, and is showing the world the pair could do business. Perhaps Kraft Heinz wasn’t keen, or it really wanted Unilever’s faster-growing household products and personal care assets. ALSO READ | Kraft Heinz and Unilever’s food fightAn all-food combination would have combined sales of €32 billion ($34 billion).

Source: Mint February 20, 2017 15:29 UTC