Unilever rejected a surprise $143 billion takeover bid from U.S. food company Kraft Heinz Co on Friday, saying it saw no reason to discuss a deal which it said had no financial or strategic merit.
Chinese online sales firm Alibaba, known as "the Chinese Amazon," set the record for largest initial public offering last week. Here are the top 10 largest U.S. IPOs.
Erroneous trades that sent Kraft Foods Group Inc. up as much as 29 percent in the first minute of trading were canceled by exchanges, the latest incident to fuel scrutiny of the electronic infrastructure of U.S. markets.
