As an age of nationalism dawns, a multinational deal collapses

Steven Davidoff Solomon writes for The New York Times, Feb. 21, 2017

Kraft Heinz’s $143 billion bid for Unilever would have been the biggest cross-border deal in nearly two decades. But instead of being a triumph of global capitalism, it induced only whiplash as the offer was withdrawn just days after its disclosure. The short life span of the deal can be blamed in large part on national barriers — which are likely to rise even further as a new mercantilism emerges.