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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 extreme reversal for a firm hailed as the future of American food by billionaire ...
Kraft Heinz (NASDAQ: KHC) is exploring a potential spinoff of a significant portion of its grocery business, including iconic ...
Kraft 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.