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Kraft’s failed bid jolts Unilever chief into protective revamp

  Bloomberg Unilever Chief Executive Officer Paul Polman is channeling an aborted takeover coup by Kraft Heinz Co. into some shock therapy of his own. Acknowledging that the failed $143 billion bid had energized his company, Polman announced his most sweeping overhaul of the consumer-goods giant in a bid to protect its independence after being caught off guard by the ...

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7-Eleven to buy Sunoco shops in record $3.3 billion US bet

  Bloomberg Seven & i Holdings Co. agreed to pay $3.3 billion for some Sunoco LP shops and gasoline retailers in an ambitious push by the 7-Eleven convenience chain owner to expand its US footprint with its largest deal on record. The purchase by the Japanese retailer’s 7-Eleven Inc. unit will add 1,108 gas stations and convenience stores in Texas ...

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GOP plays blame game as health deal prospects fade

  Bloomberg Let the blame game begin — again — with House Republicans saying they still can’t reach a deal on reviving their health-care bill, likely delaying any chance of action until at least May. “And this time, we’ll have two weeks to let this all fester,” said Representative Dennis Ross of Florida, referring to the two-week recess that starts ...

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