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GLP deal a sign of the liquid, tech-obsessed times

Published Tue, Jul 18, 2017 · 09:50 PM

THE year 2017 had begun with one of the biggest potential deals of all time, a surprise US$143

billion bid for consumer goods giant Unilever by private equity-backed food conglomerate Kraft Heinz.

The deal was quickly scuttled after a flat-out rejection by Unilever, yet it was a harbinger of bullish markets and a world awash with too much money.

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