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H.J. HEINZ COMPANY
Kraft Heinz split may come too late to fend off growing MAHA threatKraft Heinz's plan to split into two companies faces skepticism as analysts doubt it will revive brands amid changing consumer preferences....- Kraft Heinz is planning a breakup: ReportKraft Heinz may split into two companies. The packaged food maker faces weak demand. A large part of the grocery business, including Kraft ...
- Unilever names Dutch dairy boss Hein Schumacher as new CEOSchumacher, 51, joined Unilever in October last year as non-executive director and is currently the chief of Dutch dairy business Friesland...
- Warren Buffett's $10 billion mistake: Precision CastpartsBerkshire wrote off $9.8 billion of Precision’s value last August, as the COVID pandemic sapped demand for air travel and the Portland, Ore...
- Berkshire offers glimpse beyond Buffett as Abel, Jain speak upAbel, who runs all of Berkshire’s non-insurance operations, is seen as the more likely CEO successor.
- Novartis CEO Jimenez to quit giving reins to Vasant NarasimhanJimenez is handing over the reins at a crucial juncture, with the drugmaker yet to make a decision on the future of its ailing Alcon eye-ca...
- Warren Buffett follows his own advice in backing off from Unilever bid“The trick in investing is just to sit there and watch pitch after pitch go by and wait for the one right in your sweet spot,” Buffett said...
- Warren Buffett awaits $8bn of ‘bad news’ with Kraft paymentWarren Buffett is about to get back the $8 billion — plus a little extra — that his Berkshire Hathaway Inc invested in Kraft Heinz Co.
- Insects found inside Glucon-D packet in Uttar PradeshA packet of the energy drink 'Glucon-D' was allegedly found with insects here, following which it was sent for examination.
- Amancio Ortega passes Warren Buffett as world’s second richest person in Bloomberg Billionaires IndexOrtega’s net worth has increased 17 percent to $71.5 billion this year as Inditex profit rose amid surging sales.
- Heinz’s India head Seema Modi calls it quitsShe says she has “already moved on from Heinz”; development comes at a time when co’s flagship brand Complan is losing market share.
- Amitabh Bachchan will endorse health drink ComplanThe Indian unit of US food maker HJ Heinz has roped in Amitabh Bachchan to endorse its health drink Complan.
- US bond downgrades escalate as leverage climbs: Credit MarketsCredit quality for US companies is showing signs of weakening as issuers from Verizon Communications Inc. to Apple Inc. borrow unprecedente...
- Berkshire, 3G Fund's buyout of food company Heinz gets CCI nodFair trade regulator CCI has approved Warren Buffett-led Berkshire Hathaway and 3G Fund's proposed acquisition of American food company H J...
- Warren Buffett’s Berkshire Hathaway joins 3G Capital to buy Heinz in $23 bn dealThe buyers will pay $72.50 a share, compared with yesterday’s closing price of $60.48, according to a statement today.
- Heinz plans new strategy to get back on growth pathHeinz India is gradually withdrawing over half a dozen food products including biscuits, muesli and south Indian mixes from retail shelves.
- Heinz to produce ketchup bottles using Coke's packagingThe Coca-Cola Company and H.J. Heinz Company on Wednesday announced in Flordia, US, a strategic partnership that enables Heinz to produce i...
- Heinz buys Chinese maker of soy sauce for $165 millionH.J. Heinz Co. said Monday that it agreed to buy Foodstar, a Chinese food company that makes soy sauces and fermented bean curd, for $165 m...
- Cadbury to acquire Turkish gum maker for $450 mnCadbury Schweppes Plc will buy Turkey's Intergum for $450 mn to gain almost half of the country's gum market.
- FDI worth Rs 580 cr clearedThe commerce and industry minister has cleared 37 FDI proposals worth Rs 580 crore.
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