Food giant Kraft Heinz to split into two companies
Summary
Kraft Heinz is dividing into two separate companies ten years after merging under the guidance of investor Warren Buffett. The decision marks a significant change in the company's structure.Key Facts
- Kraft Heinz is a large food company.
- The company is separating into two parts.
- A decade ago, Kraft Heinz was formed through a merger.
- Investor Warren Buffett played a key role in that merger.
- The change will split Kraft Heinz into distinct companies.