planteria wrote:Unilever has settled higher, presumably with a repeat attempt factored into the price.
It is because the board are carrying out a review to extract more shareholder value in order to prevent another attempt.
They will probably sell off some under performing brands, make cost savings and pay out bigger dividends.
I think Unilever are more likely to be the predator now as they are huge. They are bigger than Kraft Heinz in terms of market cap and turnover. Profitability is lower because Kraft has cut itself to the bone and is unlikely to grow much without takeovers.
Unilever has scope for growth as it still has a strong investment in R&D