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International Business Times
International Business Times
Business

Unilever-Kraft Heinz Deal Talks End; Could Have Created Multi-Billion-Dollar Food Entity

A sign outside of the Aon Center marks the location for the headquarters of Kraft Heinz on May 14, 2025 in Chicago, Illinois.

Talks between Unilever and Kraft Heinz over a possible merger of parts of their food businesses have ended, according to a report by the Financial Times.

The discussions had explored combining Unilever's food division with Kraft Heinz's condiments unit, a move that could have created a massive new company worth tens of billions of dollars.

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