Kraft Heinz (NASDAQ:KHC) is reportedly breaking into two units to address sluggish sales in its processed foods division and unlock value as separate businesses. According to The Wall Street Journal, ...
Ten years after Warren Buffett backed the merger of Kraft Foods and Heinz, the combined company is breaking up, as Kraft Heinz Co. on Tuesday confirmed what Wall Street has expected for months. Kraft ...
Kraft Heinz is studying a potential spin off of a large chunk of its grocery business, including many Kraft products, into a new entity that could be valued at as much as $20 billion on its own, a ...
A week ago, we were talking about a big engagement. Now, though, a big breakup. But no, we're not talking about a celebrity couple here. No, it's the food giant Kraft Heinz that's splitting up after a ...
Kraft Heinz will split into two listed companies, one focused on groceries and the other on sauces and spreads, the U.S. packaged foods maker said on Tuesday, seeking to jump-start growth after years ...
(Reuters) -Kraft Heinz is closing in on a plan to break itself up, the Wall Street Journal reported on Friday, citing people familiar with the matter. The transaction, aimed to split the company into ...
Rumours of a potential Kraft Heinz split have been circulating for weeks now, following a report in the Wall Street Journal, which alleged the company was planning to spin off a huge portion of its ...
NEW YORK, Sept 11 (Reuters) - Kraft Heinz's (KHC.O), opens new tab announcement this month that it would split was a belated acknowledgment that the Velveeta cheese and Heinz ketchup maker had missed ...