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Berkshire’s Abel Lauds Kraft Heinz Turnaround, Eyes Future Split - Kraft Heinz (NASDAQ:KHC)
New CEO Steve Cahillane and Berkshire CEO Greg Abel back pausing Kraft Heinz's split to focus on strengthening the combined company amid fixable challenges, shares gained 0.7%, company said.
Summary by Benzinga
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Berkshire’s Abel Lauds Kraft Heinz Turnaround, Eyes Future Split - Kraft Heinz (NASDAQ:KHC)
On Saturday, The Kraft Heinz Company drew fresh attention after Berkshire Hathaway CEO Greg Abel backed CEO Steve Cahillane for halting work on a previously announced plan to split Kraft from Heinz.
·New York, United States
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Leaning Left0Leaning Right0Center2Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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