Remember when Warren Buffett and Brazilian private equity firm 3G tried to buy Unilever for £115 billion?
That was back in 2017 when Bryce Elder, an intrepid stock market reporter from the Financial Times, broke the blockbuster scoop...
Well, it looks like Ian "Kingy" King is first out of the traps to highlight something little old Betaville had been ruminating on with an old City contact over a few glasses down the pub this evening.
In a piece today King, a former City editor of The Times and now business presenter at Sky News, argues Unilever may have accidently put itself in play after attempting to buy GlaxoSmithKline's consumer division for £50 billion. Below is the link:..
Hot deal scoops are thin on the ground at this time of the year but the hard working Daniel Dunkley over the at The Sunday Times still managed to dig one or two out.
Indeed, the one that caught little old Betaville's eye was Dan's piece about Unilever's interest in the Reckitt Benkiser mustard/sauce auction. Here is the link: ..
Two conflicting reports have been published hot on the heals the New York Post's tale earlier this week about US consumer goods giant Colgate-Palmolive weighing a sale at $100 a share...
I see the New York Post is today carrying a story about how consumer goods giant Colgate-Palmolive could be looking to sell the business. Here is the link:
http://nypost.com/2017/05/16/colgate-palmolive-could-be-looking-to-sell/..
Two days on and the upper echelons of the financial media world are still picking over the carcass of the failed Kraft Heinz / 3G / Warren Buffett / Unilever deal.
Probably the best newspaper piece out there is the "tick tock" by Arash Massoudi and James Fontanella-Kahn in today's Financial Times. Here is the link in case you haven't read it:..
Take a bow Bryce Elder, stock market reporter over at the Financial Times. The intrepid hack has just landed the M&A scoop of the year, decade or, perhaps, century with his tale this morning about Kraft Heinz's £100 billion plus takeover approach for Unilever. If you follow M&A, I'm sure you have seen the statements.
I suspect rival hacks, such as the Kleinmanator of Sky News or team Bloomborg, will have trouble topping that one. Good luck to them...