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