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Kraft Heinz selling beloved coffee brand in $650M deal: Here’s why

Summary by The Oregonian
Kraft Heinz is giving up control of one of coffee’s most recognizable brands as the food giant shifts its attention toward parts of its business it believes have more room to grow. It also plans to use proceeds from the sale to pay down debt.

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The Oregonian broke the news in Portland, United States on Friday, November 13, 2026.
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