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Heinz

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16 days ago

Kraft Heinz CEO Steve Cahillane said many of the company's issues are "fixable."
Struggling food group announces pause to separation work as new chief unveils $600mn investment plan

73 days ago

Steve Cahillane previously led Kellogg through its own breakup two years ago.

5 months ago

Kraft Heinz marked a rare blemish in Buffett's investment track record. Its shares have plunged nearly 70% since its merger in 2015.
The spinoff comes a decade after the two companies merged in efforts to boost growth.

Chicago-based food group says it will split into two publicly traded companies through tax-free spin-off

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Kraft Heinz, the US company behind kitchen staples such as Philad…

The deal will reverse much of the $46 billion merger envisioned by Warren Buffett's Berkshire Hathaway and private equity firm 3G Capital.
Split will undo 2015 tie-up orchestrated by Warren Buffett and investment group 3G Capital
Kraft Heinz said on Tuesday it would split into two publicly-listed companies, one focusing on the sauces business and the other on groceries.

7 months ago

The industry is grappling with slowing demand, rising competition and new regulations

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