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On April 2, 2012, Kraft Foods Inc. announced that it had filed a Form 10 Registration Statement to the SEC to split the company into two companies to serve the "North American grocery business". The split was structured so that the old Kraft Foods changed its name to Mondelez International and spun off Kraft Foods Group as a new publicly traded ...
In August 2011, Kraft Foods Inc. announced plans to split into two publicly traded companies — a snack food company and a grocery company. On April 2, 2012, Kraft Foods Inc. announced that it had filed a Form 10 Registration Statement to the SEC to split the company into two companies to serve the "North American grocery business".
Taking into account integration costs, the acquisition reduced Kraft's earnings per share by about 33% immediately after the Cadbury purchase. Creation of Mondelēz International. In August 2011, Kraft Foods announced plans to split into two publicly traded companies, an international snack-food company and a North American grocery company.
Gene J. Puskar/AP By Anjali Athavaley and Sruthi Ramakrishnan Ketchup maker H.J. Heinz, backed by Warren Buffett's Berkshire Hathaway (BRK-A)(BRK-B) and Brazilian private equity firm 3G Capital ...
After Kraft Foods Inc. was split into two companies in 2012, rights to Gevalia brands were divided and currently owned by Kraft Heinz in North America and JDE Peet's (formed from merger of Douwe Egberts and Mondelez International coffee and tea division) in rest of the world.
1. Irene Rosenfeld 2010 Rank: 2 Age: 58 Company: Kraft Foods Title: Chairman and CEO Rosenfeld made a big show of power this year with her decision to split Kraft into two companies, a reversal of ...
Apparently Kraft picked up a few moves from its former parent, as the company has recently announced its intention to split into two companies, one focusing on North American groceries, and the ...
Irene Blecker Rosenfeld (born May 3, 1953) [2] is an American businesswoman who was the chairman and chief executive officer (CEO) of Mondelēz International. [3] Rosenfeld's career began at Dancer Fitzgerald Sample, a New York City advertising agency. She later joined General Foods consumer research, and then led Frito-Lay as CEO and chairwoman.