Kraft Heinz Board Greenlights Breakup Into Two Public Companies “To Maximize Value” Kraft Heinz will split into two publicly traded companies, separating its faster-growing condiments and meals brands from the slower grocery products unit. One of the new entities will be called “Global Taste Elevation Co.,” with the spinoff expected to close in the second half of 2026. News of the split – effectively the unwinding of the Kraft Heinz mega-merger orchestrated by 3G Capital and Warren Buffett a decade ago – comes just three and a half months after CEO Carlos Abrams-Rivera told investors the company was evaluating potential “strategic transactions”… — Continue at ZeroHedge News : Read More
