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Stock impact report

Kraft Heinz CEO: Warren Buffett's top two lieutenants on our board liked our $3.2 billion deal [Yahoo! Finance News]

The Kraft Heinz Company (KHC) 
Last the kraft heinz company earnings: 4/30 07:05 am Check Earnings Report
US:NASDAQ Investor Relations: ir.kraftheinzcompany.com/overview
One of Kraft Heinz CEO Miguel Patricio’s first big moves since taking the top job in July 2019 got the blessing of two of the food giant’s arguably most important board members.At the company’s long-awaited investor day Tuesday, Patricio revealed Kraft would sell part of its cheese business for $3.2 billion to France’s Groupe Lactalis. The sale — reflecting Patricio’s efforts to refocus investments on stronger brands, cut costs and reduce debt — will hand Kraft shredded cheese, blocks of cheese, Breakstone’s cottage cheese and the Cracker Barrel brand over to Groupe Lactalis.told ’s The First TradeWarren Buffett’s“Look Berkshire Hathaway has two board members in Greg Abel and Tim Kenesey who are very active board members and very important. They provoke me, they inspire me. They give me their advice, which is what you would expect from great board members. So the relationship has been great during this close to 12 months that I've been leading the company. They gave their support behi Show less Read more
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