Kraft Heinz Announces Split into Two Companies Amid Financial Struggles
Kraft Heinz has announced its decision to split into two independent companies as it faces ongoing financial challenges and declining sales. This move comes a decade after the merger that aimed to enhance growth. The company, known for popular products like Philadelphia cheese and Heinz ketchup, is responding to changing consumer preferences in a bid to revive its fortunes.
Kraft Heinz Announces Split into Two Companies Amid Financial Struggles
Kraft Heinz has announced its decision to split into two independent companies as it faces ongoing financial challenges and declining sales. This move comes a decade after the merger that aimed to enhance growth. The company, known for popular products like Philadelphia cheese and Heinz ketchup, is responding to changing consumer preferences in a bid to revive its fortunes.
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