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Unilever should buy Kraft Heinz, argues Exane BNP Paribas

Remember when Warren Buffett and Brazilian private equity firm 3G tried to buy Unilever for £115 billion?

That was back in 2017 when Bryce Elder, an intrepid stock market reporter from the Financial Times, broke the blockbuster scoop.

The Sage of Omaha and the boys from Brazil were quickly forced to abandon their massive bid because Unilever, then led by Paul Polman, and its supporters in the City reacted with extreme hostility at the takeover offer, arguing it was a terrible idea...