While Kraft Heinz and Unilever couldn’t complete a proposed $143 billion mega-merger, food<br />and household goods makers rose as investors bet that other deals are coming.<br />Grundy, the Jefferies analyst, said the Kraft Heinz-Unilever talks surprised Wall Street<br />because Unilever gets most of its revenue from household products, not food.<br />Kraft Heinz and Unilever both slumped after Kraft withdrew a $143 billion offer to buy its rival.<br />With the Unilever talks apparently done, analysts think Kraft Heinz is still interested in buying another company<br />and they are wondering if it will pursue a different consumer products company or stick to the food industry.<br />Unilever said the offer was too low and the companies said Kraft Heinz was giving up its effort.
