While you were sleeping: Unilever stock drops

While you were sleeping: Unilever stock drops
Margreet Dietz
By Margreet Dietz Feb. 21 (BusinessDesk) - European equities moved higher as gains in bank stocks offset a drop in Unilever shares after Kraft Heinz abandoned its bid to combine the two companies.  Shares of Unilever slid after Kraft Heinz withdrew its proposal for a combination with the Anglo-Dutch company. “Unilever and Kraft Heinz hereby announce that Kraft Heinz has amicably agreed to withdraw its proposal for a combination of the two companies,” the companies said in a joint statement, according to media reports. Unilever on Fr...