Finsbury Growth & Income investment trust manager Nick Train believes Kraft's offer for Unilever is a sign of "a lot more and a lot bigger" M&A to come this year, with emerging market focused firms looking particularly attractive.
In an update for investors, Train reflected on the fall-out from the failed bid for UK consumer staples giant Unilever by Kraft. In February, Kraft offered £115bn to buy Unilever and caused the consumer...
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