Business & Tech

Food giant Kraft Heinz Co. in talks to buy Unilever

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NEW YORK — U.S. food giant Kraft Heinz Co. is confirming that it’s made an offer to buy Europe’s Unilever and been rejected.

The company said Friday that talks are ongoing with the Dutch company, but that no deal can be assured.

The shares of both companies are up sharply before the opening bell.

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