Kraft, Heinz
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Kraft Heinz plans to split into two units, aiming to revive sluggish sales and unlock value. Explore how this strategic move could shape its future.
The packaged-foods giant is preparing to break itself up, according to a report in The Wall Street Journal. Shares turned higher on the news, rising 2.5% on the da
Kraft Heinz will release its second-quarter earnings later this month, and analysts anticipate a double-digit profit dip.
Kraft Heinz is taking the macaroni & cheese out of its ketchup business in a mega-split after its infamous 2015 merger, according to a new report. The mammoth packaged foods company plans to spin off a big portion of its business, which includes Kraft products, into a new firm, The Wall Street Journal reported Friday, citing people familiar.
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 source familiar with the matter said on Friday. However ...
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