Unilever to move in on Bestfoods?


4 May 2000



Unilever to move in on Bestfoods?


ANGLO-DUTCH group Unilever has not ruled out a hostile bid for US food company Bestfoods, reports The Independent.

Unilever will learn on Thursday (04 May) whether Bestfoods, which includes Knorr soups and Argo and Maizena corn starches in its brands, will agree to discuss an unsolicited US$18.41 billion (11.8bn) takeover offer.

Bestfoods has already rejected a Unilver offer of $66 a share as “financially inadequate”.

Speaking at Unilevers annual meeting on Wednesday (03 May), co-chairman Niall Fitzgerald did not rule out going hostile to secure the bid.

  • The Independent 04/05/2000 page 17

FEBRUARY
7

Farmers Weekly Awards Show

Join us for a week-long extravaganza to celebrate the farming heroes and achievements of 2020 and announce the winners of the Farmers Weekly Awards. Countryfile presenter Adam Henson will host five nights of entertainment in 20-minute programmes filmed all over the country. He'll be joined by a host of farming celebrities and feature a special appearance by HRH Prince Charles.
Find out more
See more