Kraft Heinz Announces Historic Split in Bid to Revive Fortunes

The iconic ketchup maker Kraft Heinz is embarking on the most significant restructuring in its history. With its stock mired in a prolonged downturn, management is pursuing a radical solution: a complete separation into two distinct publicly traded companies by the second half of 2026. This decisive move aims to halt the erosion of shareholder value and unlock the potential trapped within the current corporate framework.

Market confidence has been severely tested, reflected in a steep year-to-date share price decline exceeding 26%. This performance underscores deep-seated investor skepticism about the existing business model. While technical indicators like the RSI, sitting at 27.6, suggest the stock is heavily oversold, the prevailing downward trend has stifled any Read more...