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Warren Buffett touted the chance to bring “iconic brands together” in 2015 when he backed the creation of Kraft Heinz Co. The ...
Warren Buffett’s $10 billion bet on the Kraft Heinz merger was meant to be a food-industry masterstroke. A decade later, the company is eyeing a breakup after losing over 60% in market value—raising ...
W hen Warren Buffett, a venerable investor, and 3G Capital, a private-equity firm, merged Kraft and Heinz in 2015 to create a ...
Kraft Heinz is trying anew to squeeze value out of its disastrous deal. As part of a strategic review unveiled in May, the ...
There is a precedent here — ironically from Chicago-based Mondelez. After Kraft was spun off, Mondelez retained the sexier ...
Kraft Heinz's struggles since the 2015 merger, including brand write-downs and declining sales, have eroded shareholder value ...
Berkshire Hathaway’s high-profile 2015 merger of Kraft and Heinz has become a rare stain on its stellar record. The $62 ...
Kraft Heinz's potential spinoff of slower-growing brands such as Velveeta cheese is a risky last-ditch effort to boost ...
Shares in the food maker have lost about two-thirds of their value since Kraft and H.J. Heinz merged in 2015 in a deal backed by Warren Buffet's Berkshire Hathaway that was aimed at cutting costs and ...
What happens when a Wall Street legend finds itself at a crossroads, battered by market underperformance yet dangling one of ...
This week’s Fresh Take also looks at tariff-proof yaupon tea, an L.A. fire survivor’s insurance nightmare, a farmworker’s death in connection to an ICE raid and more.