A Radical Breakup: Kraft Heinz Plans Corporate Split to Reverse Fortunes

In a dramatic reversal of strategy, food industry titan Kraft Heinz has announced plans to dismantle its corporate structure. The company will separate into two distinct publicly-traded entities, effectively unwinding its much-touted mega-merger from a decade ago. This decisive action comes after years of declining performance and a severely depressed stock price, raising the critical question of whether such a radical move can salvage the faltering giant.

The board of directors at Kraft Heinz unanimously approved a separation plan that will see the conglomerate divided. The move reverses the celebrated $46 billion union from 2015 and is slated to be executed as a tax-free transaction in the second half of 2026. Despite Wall Street anticipating this outcome following a strategic review launched in May, the... Read more...