Exploration of deal worth tens of billions of dollars reflects struggle of both companies to combat subdued demand ...

Reports have suggested that a merger between the food brands of Kraft Heinz and Unilever were discussed, according to the FT.

Unilever reportedly held talks recently with Kraft Heinz about a potential megamerger of their food brands that would have brought Heinz ketchup and Hellmann’s mayonnaise together under the same roof.