Kraft Heinz

The announcement unwinds a $46 billion merger a decade ago that united two iconic brands.

AI vs Taste of Home: Heinz puts signature recipes to test against AI-generated ones

Six home recipes were put to the test: stir-fried beef noodles, stir-fried meat and vegetables, steamed fish, fried prawns and scalded seasonal vegetables. Zhuang Enjian, the innovation chef of Kraft Heinz China, evaluated the recipes by tasting them and assigning a grade.

Nestle, Kraft Heinz, Tatas in race to buy out Capital Foods

Capital Foods was established in 1995 by Ajay Gupta, offering a variety of "desi" Chinese and Italian food

Kraft, former officials settle SEC charges for $62 million

The company's claims were widely picked up by Wall Street analysts, the SEC said, but in 2019 Kraft restated its financial results to correct $208 million in improperly recognized cost savings.

Change of menu: Kraft Heinz bets on old brands to win new consumers

This marks a shift in strategy from the focus on large-scale acquisitions

Kraft Heinz sells several cheese brands to Lactalis for $3.2 billion

Lactalis, which sells cheese under the President brand, will acquire several Kraft brands in the US, including Cracker Barrel, Breakstone's, Polly-O and Athenos

Lessons value investors can learn from Warren Buffett’s mistake in Kraft-Heinz

On February 22, Kraft Heinz shocked investors with a trifecta of bad news in its earnings report. Investors reacted by selling their shares, causing the stock to drop more than 25 percent overnight

Zydus Wellness’ Kraft Heinz bet healthy, but requires heavy lifting

The M&A transaction can be EPS accretive provided there is higher private equity or third party participation.

Kraft Heinz shortlists bidders for sale of some Indian assets: Report

Tata Group and Dabur India are among the companies chosen for the second round of bidding for the food company's Indian assets, which includes Complan and Glucon-D

Horlicks: A potential nutrient fit for select FMCG giants

While the category itself undergoes a change, even the existing business of GSK Consumer holds value for other FMCG players and there is a scope for operational synergies

Unilever sales disappoint as competition bites big brands

Underlying sales rose only 2.6 percent, Unilever said on Thursday. That was below the 3.9 percent growth expected by analysts in a company-supplied consensus, and below the 3 percent seen in the first half of the year.

Warren Buffett says deal partner 3G follows 'standard capitalist formula'

Speaking on CNBC television, Buffett said, "It's a defect of mine" that he doesn't focus as closely on the efficiency of business units at Berkshire Hathaway Inc, the conglomerate he has run since 1965.

What will Warren Buffett discuss at its 2017 annual general meeting?

The Berkshire Hathaway Annual Shareholders Meeting will be held on 6 May.

HUL likely to cut staff: How rejig at parent is impacting Indian FMCG giant

The company, which has a multitude of brands catering to its consumers’ daily needs, is considering selling off its spreads division and has announced share buyback worth USD 5.3 billion this year, apart from raising dividend by 12 percent.

Unilever launches share buyback, says it will exit spreads unit

The pledges are the result of a business review at the Anglo Dutch consumer goods maker undertaken following the unsolicited $143 billion bid by the U.S. rival, which Unilever bluntly rejected.

Sensex, Nifty may see flat opening; HUL, TCS, Idea in focus

After witnessing a good rally last week, the market may see volatile movements ahead of a truncated and expiry-laden week. HUL to be in focus after Kraft withdrew its takeover bid to Unilever after the latter had rejected the offer. Meanwhile, TCS' Board will meet on Monday to discuss the share buyback.

Kraft Heinz withdraws $143 bn bid to buy Unilever

Unilever, which has a head office in London, earlier had spurned the offer, saying the price was too low.

Kraft to pursue Unilever after $143 bn bid spurned

A deal would create a giant in global food, joining the maker of Kraft cheese and Heinz ketchup to its European counterpart, whose products include Q-tips, Hellmann's mayonnaise and Ben & Jerry's ice cream.

Breaking up Unilever may pave way for Kraft merger: Sunil Alagh

US-based Kraft Heinz announced on Friday proposed a USD 143 billion merger with Unilever in what would be one of the biggest deals ever. But the Anglo-Dutch consumer goods giant has declined, saying in a statement the offer fundamentally undervalues" the company.