www.marketwatch.com
Kraft Heinz is reversing its landmark 2015 merger by splitting into two separate, publicly traded companies. One firm will house its stable grocery brands (e.g., Heinz, Kraft, Oscar Mayer); the other will manage its faster-growing “excited” brands (e.g., Planters, Lunchables) and food service products. The split aims to unlock value and accelerate growth for each distinct portfolio.
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