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-0.000427167876975566 -0.000427167876975566 -0.00299017513882957 -0.00427167876975642 -0.0115335326783426 -0.00214438274241778 0.0288338316958565 0.0651431012387869
Stock impact report

Kraft Heinz pauses work to split the company as new CEO says 'challenges are fixable' [MSNBC.com]

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
Company Research Source: MSNBC.com
In this articleKraft Heinz in September 2025 announced plans to split into two separately traded companies, reversing its 2015 megamerger, which was orchestrated by billionaire investor Warren Buffett.Justin Sullivan | Getty Images News | Getty Imagespausing workCEO Steve Cahillane, whojoined Kraft Heinz in January,"My number one priority is returning the business to profitable growth, which will require ensuring all resources are fully focused on the execution of our operating plan," he said. "As a result, we believe it is prudent to pause work related to the separation and we will no longer incur related dis-synergies this year."Shares of the company fell roughly 7% in premarket trading. The company plans to spend the money on its marketing, sales, and research and development. The investment will also go toward "product superiority and pricing," according to Cahillane.In September, thecompany announced$46 billion mergerWhile investors originally cheered the merger, the luster fade Show less Read more
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