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Warren Buffett's Kraft Heinz bet marks a rare flop as company weighs breakup
Warren Buffett touted the chance to bring “iconic brands together” in 2015 when he backed the creation of Kraft Heinz Co. The plans to split up many of those brands a decade later represent a rare flop for the famed investor.
Warren Buffett comes out on top from Kraft Heinz flop
Buffett’s investment company Berkshire Hathaway bought Heinz in 2013, in a co-investment with private equity firm 3G Capital. The two then made a bid for the listed Kraft Foods in 2015, emerging with half of the resulting mayo-to-macaroni-cheese maker.
Kraft Heinz is poised to break itself up, acknowledging what investors have known for years: Their merger was a dud. The 2015 ...
Warren Buffett destacou a oportunidade de juntar “marcas icônicas” em 2015, quando apoiou a criação da Kraft Heinz. Os planos ...
Warren Buffett touted the chance to bring “iconic brands together” in 2015 when he backed the creation of Kraft Heinz Co. The plans to split up many of those brands a decade later represent a rare ...
The proposed separation would carve out several Kraft-branded products - primarily packaged meals, processed meats, and ...
Kraft Heinz is preparing to break itself up in what could be its most significant restructuring since the company’s formation ...
The company is said to be mulling the creation of a new entity that would include many Kraft products and could be valued at as much as $20 billion.
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