Business
Big Food goes small: Kraft Heinz bets on simplicity to boost shares
Investment bankers had pitched a breakup to Kraft Heinz for years without success, sources said. The company finally agreed to a split…
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Kraft
Business
Kraft Heinz to split into two companies in growth push
Kraft Heinz said on Tuesday (Sep 2) it would split into two publicly-listed companies, one focusing on the sauces business and the other…
Business
Kraft, other companies defeat test lawsuit over ultra-processed foods
KRAFT, Mondelez, Coca-Cola and several other major food companies on Monday succeeded in winning the dismissal of a lawsuit that accused…
Business
Buffett’s Berkshire hit with US$3.8 billion Kraft Heinz charge
WARREN Buffett’s Berkshire Hathaway took a US$3.8 billion impairment on its Kraft Heinz stake, the latest hit to a bet that’s weighed on…
Business
Kraft Heinz explores grocery business spinoff worth up to US$20 billion: source
[Bengaluru] Kraft Heinz is studying a potential spinoff of a large chunk of its grocery business, including many Kraft products, into a…