Buffett Voices Displeasure as Kraft Heinz Announces Major Corporate Split

In a stunning reversal of corporate strategy, Kraft Heinz has revealed plans to separate into two distinct publicly traded companies, drawing sharp criticism from its largest shareholder, Warren Buffett. The decision to unwind the $46 billion merger that created the food giant a decade ago has sparked intense debate about whether this radical move represents strategic salvation or an admission of failed corporate marriage.

The proposed separation, scheduled for completion in the second half of 2026, marks one of the most significant corporate breakups in the food industry’s recent history. This dramatic restructuring comes as Kraft Heinz confronts persistent challenges that have plagued the company since its formation through the 2015 merger.

Under the new structure, “Global Taste Elevation Co.”... Read more...