Kraft Heinz abandoned its acquisition of Unilever.

NEW YORK, Feb. 19 (Xinhua) -- U.S. food giant Kraft Heinz Inc. announced Thursday that it has abandoned plans to buy Unilever Inc. for $143 billion.
Heinz said in a statement: "Kraft Heinz's intention to acquire is public at a very early stage. Our intention is to move forward on a friendly basis, but Unilever has made it clear that it does not want a deal. The statement added: "It is better to give up as soon as possible so that both companies can focus on their own plans to create value." After
was revealed by the media, Kraft Heinz confirmed its plans to buy Unilever on the 17th, but was quickly rejected by the latter. Media analysis, the two companies in the process of engagement on the British government may be the acquisition of strict scrutiny and differences in corporate culture and business models and other issues expressed concern.
Heinz is a combination of Kraft Foods and Heinz Foods, which owns well-known brands such as Oreo and Maxwell. Unilever is the world's leading food and consumer goods group, with Leighton, Doffin and other brands. (Complete)