According to a media report, Kraft Heinz is preparing his split. The American group wants to interpret a large part of its supermarket with many power products in a new company, reported the “Wall Street Journal” on Friday, stating insiders.
The value of the newly planned company is estimated at a maximum of $ 20 billion, is said. With Kraft Heinz, products such as sauces and spreads would remain, including the Heinz Ketchup and the mustard brand Gray Poupon.
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Kraft Heinz rejected a statement on the report, but referred to his announcement from May to investigate strategic transactions to increase the value of the company. The company’s share increased by 2.5 percent in the afternoon trade.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
