3 key lessons from failure of a food mega-merger

Kraft Heinz's abortive bid for Unilever offers a timely reminder to Asian dealmakers of some of the pitfalls to avoid when structuring an M&A deal.

The world's biggest corporate merger in more than a decade is no longer on the menu. US food titan Kraft Heinz announced on Sunday it was withdrawing a massive $143 billion proposal to swallow Anglo-Dutch consumer goods manufacturer and retailer Unilever, ending hopes megabrands from Lipton to Ben Jerry's and Cadbury would be brought under the same umbrella.

But instead of licking their wounds, dealmakers should take some scraps from the would-be feast in the form of reminders on how best to structure a mega MA deal many of which are especially relevant to Chinese and other Asia corporates looking to make a first splash overseas.

...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222