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KRAFT HEINZ CO
Buffett's Berkshire buys more Occidental Petroleum, edges closer to 20% stakeBerkshire's latest purchases from July 14 to July 16 cost $112 million, and gave Buffett's conglomerate a 19.4% Occidental stake worth abou...
Mondelez joins other companies in scaling back business in RussiaThe Cadbury chocolate maker is joining other consumer packaged goods companies including Kraft Heinz Co and Nestle SA in stepping back from...
Kraft-Heinz thrives as pandemic spurs home diningKraft Heinz Co beat first-quarter revenue and profit estimates on Thursday as a year-long surge in demand for consumables including Lunchab...
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...
Kraft Heinz revamps business structure, sells parts of cheese business to LactalisThe company also forecast better-than-expected sales for the year, sending shares of Kraft Heinz up about 1% in afternoon trading.
Buffett's Berkshire stung as Kraft Heinz bet drops to record lowBerkshire’s stake would entitle it to recognize almost $230 million in profit from Kraft Heinz’s first-half results.
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.
We didn’t really have competitive advantage: Bernardo Hees of Kraft Heinz Co“The value we’re receiving from proceeds is really higher than what we could have done,” Hees told analysts at the Chicago-based food and b...
Zydus Cadila set to bag Kraft Heinz portfolio for Rs 4600 crore, announcement likely on WednesdayET on October 11 had reported that Zydus Cadila is the frontrunner for the Kraft Heinz India portfolio. Zydus Cadila is the country’s fourt...
Pepsi's Indra Nooyi leaves us feeling a bit flatHer departure, scheduled for October, leaves the S&P 500 on track to have just 23 female CEOs, less than 5 per cent of the total.
Tata, Dabur among suitors for Kraft Heinz's Complan brandTata Group, India’s biggest conglomerate, and Dabur India Ltd., the $11.3 billion consumer-goods company, are among suitors selected for th...
PE Funds, companies in race to acquire Kraft Heinz India’s consumer food unitComplan has about 8% market share in the Rs 6,000-7,000 crore market for malted food drink in the country. GSK’s Horlicks is the market lea...
Kraft Heinz is said to consider $1 billion complan sale in IndiaDeliberations are at an early stage, and Kraft Heinz could decide to keep the business, the people said. A representative for Pittsburgh-ba...
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...
Unilever remains cool to Kraft Heinz takeover bid despite rallyWhile both companies sell food, Unilever has pursued higher-end brands, such as Ben & Jerry’s ice cream and Talenti gelato. Kraft, meanwhil...
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.
Berkshire Hathaway's Warren Buffett says Grexit 'may not be bad' for euro zone: ReportsWarren Buffett said Tuesday that an exit by Greece from the euro zone could be constructive for the region.