Linklaters and Paul Weiss lead as Kraft Heinz withdraws Unilever mega-merger bid

Freshfields alumni Rawlinson and Lawes among advisers in new investment banking roles

heinz-ketchup

Linklaters and Paul Weiss Rifkind Wharton & Garrison have taken the lead roles on Kraft Heinz’s multibillion-dollar bid for Unilever, a deal that has been called off after the US food company withdrew its takeover offer.

Kraft Heinz went public with its approach to Unilever last week, making an offer reportedly worth $143bn (£115bn), in what could have become one of the largest M&A transactions in history.

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