Will Buffett re-tout ‘elephant gun’ after Unilever snub?

Those with shares in Unilever remained supportive when the company rejected a takeover bid from Kraft Heinz. EdenTree’s fund manager Ketan Patel shares his views in Fund Strategy on what the bid could’ve meant for UK investors in Unilever. Ketan states that this could’ve resulted in high levels of debt, a possible credit downgrade and resistance from the UK government, not to mention a clash of cultural differences that would have been a huge hurdle to overcome.