A majority of Unilever shareholders favored further discussions with Kraft-Heinz vs. a sharp rejection of its takeover bid, according to a survey conducted by Bernstein.
The poll published on Thursday indicated that 53% of Unilever shareholders said they would have liked the Anglo-Dutch company to have negotiated with Kraft-Heinz.
Of those for negotiations, the majority stated that they wanted a 40% premium to Unilever’s share price, instead of the 18% premium proposed by Kraft Heinz.
By Giovanni Bruno
Source: The Street
Upon FoodBev Media’s return from Vitafoods 2022 – which took place from 10-12 May in Geneva, Switzerland – the team reflects on the event’s aim to bring together international nutraceutical suppliers and experts from across the globe.
Following a strategic review last year, Mondelēz International is planning to sell its developed chewing gum business, which includes brands Trident and Dentyne. This is in addition to offloading its Halls cough drop brand, as the food giant focuses on generating 90% of revenue in its chocolates and biscuits businesses, including baked snacks.
Givaudan has unveiled NaNino+, a patent-pending combination of plant-based ingredients and natural flavorings that can replace nitrite in processed meat. Designed with natural ingredients, it provides a lasting multi-sensorial food experience with a good taste, color and freshness.