News

FoodNavigator12h

Kraft Heinz CEO responds to split rumours

Kraft Heinz CEO Carlos Abrams-Rivera has confirmed plans to explore a $20bn spin-off, potentially separating Kraft products ...

Kraft Heinz plans breakup, weighs $20 billion grocery spin-off: report

Kraft Heinz is preparing to break itself up in what could be its most significant restructuring since the company’s formation in 2015, The Wall Street Journal reported on Friday. Nearly a decade after ...

Kraft Heinz explores grocery business spinoff worth up to $20 billion, source says

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 ...

Kraft Heinz's fate is tied to a possible breakup and shifts at Berkshire Hathaway

Kraft Heinz (NASDAQ:KHC) is considering undertaking a landmark separation of its business by spinning off a substantial part ...
FoodNavigator15d

Kraft Heinz split rumours intensify

Kraft Heinz may spin off its Kraft-branded business in a $20bn deal, leaving a core focus on sauces and spreads. Bond markets are reacting, and speculation grows that Warren Buffett’s Berkshire ...

Kraft Heinz sauces boost quarterly results as home-cooking rises

Kraft Heinz beat estimates for quarterly results on Wednesday, helped by resilient demand for its pantry staples and ...
the deep dive18d

Kraft Heinz Explores $20-Billion Grocery Business Spinoff

Kraft Heinz Co. (Nasdaq: KHC) is exploring the breakup of its business operations, considering spinning off grocery brands into a separate company worth as much as $20 billion, the Wall Street Journal ...
U.S. News & World Report21d

Kraft Heinz Explores Grocery Business Spinoff Worth up to $20 Billion ...

Kraft Heinz was formed in 2015 after Warren Buffett's Berkshire Hathaway and Brazilian private equity firm 3G Capital combined the former Kraft Foods with H.J. Heinz, which they bought in 2013 ...