kraft-heinz-announces-plan-to-split-into-2-companies
Kraft Heinz Announces Plan to Split Into 2 Companies

Kraft Heinz Announces Plan to Split Into 2 Companies

By Naveen Athrappully
0 Min Read
Kraft Heinz Announces Plan to Split Into 2 Companies

Kraft-Heinz products on a grocery store shelf in New York City, on March 25, 2015. Brendan McDermid/Reuters

Multinational food corporation The Kraft Heinz Company will split into two companies in a bid to boost profits and unlock shareholder value, the company said in a Sept. 2 statement.

Kraft Heinz was formed in 2015 by the merger of Kraft Foods and H.J. Heinz.

Federal Government Posts $6.5 Billion Deficit in April, May
Duterte Accused by International Criminal Court of Killing 76 People
Parliamentary Budget Officer Estimates 3.2M New Homes Needed by 2035 to Bridge Housing Shortfall
China Sales of H200 Chip ‘Appears to Be Stuck’ on China’s Side, Says Inventec
Interior Secretary Announces Arrival of $100 Million in Venezuelan Gold
TAGGED:
Share This Article

You Might Also Like