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Kraft Heinz will split into two listed companies, one focused on groceries and the other on sauces and spreads, the U.S. packaged foods maker said on Tuesday, seeking to jump-start growth after years ...

Kraft Heinz to split into two public companies by 2026, separating sauces and grocery staples in bid to revive growth and shareholder value.

A planned split-up of the mega company that makes products from Velveeta to Kool-Aid comes as consumers shift away from processed food.

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Kraft Heinz will split into two listed companies, one focused on groceries and the other on sauces and spreads, the U.S.

Packaged-food giant Kraft Heinz said on Tuesday that it will separate into two firms, dividing up famous brands including Philadelphia cream cheese and cold-cut brand Oscar Mayer.

Kraft Heinz is splitting into two a decade after a merger of the brands created one of the biggest food companies on the ...

Food giant Kraft Heinz is splitting up into two companies a decade after the merger that was arranged by billionaire investor Warren Buffett.