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Kraft Heinz Considers $20B Grocery Business Spinoff to Unlock Shareholder Value
Kraft Heinz (NASDAQ: KHC) is exploring a potential spinoff of a significant portion of its grocery business, including iconic Kraft-branded products, into a standalone entity that could be valued at up to $20 billion,
The company’s stock has underperformed since its megamerger in 2015 and changing consumer tastes have hampered results.
8hon MSN
Kraft Heinz’s stock jumps after a WSJ report that the packaged food giant is planning a breakup, 10 years after the ...
Kraft Heinz plans to split into two units, aiming to revive sluggish sales and unlock value. Explore how this strategic move ...
The company is said to be mulling the creation of a new entity that would include many Kraft products and could be valued at as much as $20 billion.
The packaged-foods giant is preparing to break itself up, according to a report in The Wall Street Journal. Shares turned ...
Kraft Heinz may be headed for a breakup. The packaged food conglomerate is planning to spin off a large chunk of its grocery ...
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