Friday , 19 December 2025

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Unilever plunges as early opposition kills Kraft Heinz bid

  Bloomberg Kraft Heinz Co.’s $143 billion bid for Unilever NV collapsed just two days after it became public knowledge, with the adamance of the Anglo-Dutch target’s rejection said to play into billionaire Warren Buffett’s longtime aversion to hostile deals. Unilever shares fell as much as 7.9 percent in early trading in London on Monday, reversing some of their gain …

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Tough UK line on rare-disease drugs stirs concern after Brexit

  Bloomberg A tougher stance in the UK on funding expensive medicines for rare diseases is raising questions about the government’s pledges to support a life-sciences industry that’s already rattled by Brexit. A proposal to introduce a cap on coverage of treatments within the state-run health system would have a significant impact on access to ultra-rare disease drugs, said Heidi …

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London house prices post biggest decline in 6 years

  Bloomberg London house prices posted their largest annual drop in almost six years in February as high values deter- red buyers. The average asking price in the capital fell 0.4 percent to 641,116 pounds ($797,000) this month from a year earlier, the first annual decline since April 2011, property website Rightmove Plc said on Monday. While asking prices gained …

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