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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.
Kraft (KFT) CEO Irene Rosenfeld probably should have spun off its North American grocery business years ago. The business, which includes such iconic brands as Kraft Macaroni & Cheese, Oscar Mayer ...
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 ...
In today's edition, analyst Austin Smith explains the best way to play Kraft's spinoff.Investors will have their pick between a high-growth international snacks division and a more stable domestic ...
After Kraft Foods Inc. was split into two companies in 2012, the rights to the Maxwell House brands were divided and are 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 the rest of the world. Decaffeinated coffee
At least for a little while, Kraft (NYS: KFT) shares were a shiny green beacon in a vast sea of red yesterday as investors cheered the company's announcement that it will be splitting itself into ...