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News in English (USA) / 03.09.2025 / 11:00

Kraft Heinz Announces Split into Two Companies Following Disappointing Merger Outcomes

Kraft Heinz, the food giant formed from a major merger a decade ago, has decided to split into two separate publicly traded companies. This decision comes after changing consumer preferences have shifted away from processed foods, leading to disappointing financial results that failed to meet the intended benefits of the 2015 merger. Warren Buffett expressed his disappointment regarding the breakup and noted that it has been one of his worst investments. Analysts suggest that the split may revive growth prospects for the business as it aligns with a broader trend of simplification in the food industry. The financial struggles have prompted this drastic move, with recent stock performance reflecting investor concerns. Despite the challenges, some analysts believe the breakup may limit further declines in stock value.
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