Kraft Heinz Watchlist

tz-plus logo Ketchup King Goes All In! Kraft Heinz Stops Spin-off and Launches $600 Million Offensive!

A. Wimbauer
Reading Time: 4 minutes

It was actually a done deal for divorce, but now the food giant Kraft Heinz (KHC) is making a spectacular turnaround. Instead of splitting the company into two parts, Kraft Heinz has surprisingly called off the planned spin-off. The new CEO is going all in. With an aggressive $600 million investment and the explicit blessing of major shareholder Warren Buffett, the struggling giant aims to be revitalized as a whole. Is this the breakthrough everyone hoped for or the last gasp of a faded stock market legend? Kraft Heinz - A Giant in Recovery Mode...

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