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Kraft Heinz to set up separate companies worth up to $20 billion. The Wall Street Journal reported that this move is an ...
20h
Soy Nómada on MSNKraft Heinz would have plans to split its company and products: This is knownKraft Heinz plans to spin off part of its grocery business, a move aimed at boosting shareholder value amid changing consumer trends.
A spinoff of part of the grocery operation could create a business valued at as much as $20 billion, according to the WSJ.
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