The sobering lesson of Kraft HeinzIn coming months, Kraft Heinz Co. is expected to make another blockbuster acquisition. That will not be a high point in economic history. The 2015 merger of Kraft and Heinz has been a bust. Stock in Kraft Heinz has dropped by 13.5 per cent since the merger. Revenues at the combined firm have flatlined and lately begun to fall. Kraft Heinz is the brainchild of Warren Buffett and the three Brazilian billionaires whose private equity...
03-05-2018, 11:40 AM
Expect a repeat of the Kraft Heinz merger
The sobering lesson of Kraft HeinzIn coming months, Kraft Heinz Co. is expected to make another blockbuster acquisition. That will not be a high point in economic history. The 2015 merger of Kraft and Heinz has been a bust. Stock in Kraft Heinz has dropped by 13.5 per cent since the merger. Revenues at the combined firm have flatlined and lately begun to fall. Kraft Heinz is the brainchild of Warren Buffett and the three Brazilian billionaires whose private equity...
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