Many of you have asked us on social networks these last weeks to share with you new contents from the Youtube channel Bloomberg Television, keep sending us messages, it makes us very happy to know that you like our contents. Sometimes we hesitate to write an article because we don't know if you will like it, but today we know that this video will interest you.
Not to hide anything, when we saw that the Youtube channel Bloomberg Television had published a new video called Kraft Heinz to Separate Into Two Publicly Traded Companies, we did not hesitate one second to share it with you so that you can discover it!
The video has been posted for less than an hour and is currently the talk of the web. Usually the new videos of the Youtube channel Bloomberg Television are much less talked about. Soon in trends? That's all the bad news we wish him, considering the work this channel has been doing for many years now!
On television, it is very difficult to get in touch with the hosts or even the producers of a show. On the internet, it's much easier to contact a videographer when you want to give him feedback about a video published on Youtube! To talk to a youtuber (that's how we call content creators on the Youtube platform], go directly to his channel, in the "About" section more precisely. If he doesn't answer you, try again on his social networks: Facebook, Instagram or Twitter for example!
Well it's almost time to conclude this paper, you can watch the video Kraft Heinz to Separate Into Two Publicly Traded Companies again if you want, it should be available for some time. We hope to see you soon on Croblanc, until then you will be able to watch other videos of Bloomberg Television by searching a little on our dedicated platform. If you have already done the trick, go to Youtube, the content is almost infinite!
We will meet again very soon for a new article on Croblanc, see you soon!
For your information, you can find below the description of the video Kraft Heinz to Separate Into Two Publicly Traded Companies published by the Youtube channel Bloomberg Television:
Kraft Heinz Co. said Tuesday it plans to split into two separate companies, undoing a mega-deal ushered in a decade ago that turned the maker of Kraft Mac & Cheese into one of the largest packaged food sellers in the world.
Following the breakup, one company will be made up of its Heinz Ketchup and other iconic condiments and boxed meals — a unit that currently generates $15.4 billion in sales. The second firm will include the slower-growing grocery products such as Oscar Mayer hot dogs and Lunchables, which currently generate revenue of $10.4 billion.
The company had foreshadowed this move, and its shares were little changed following the announcement. The stock was down about 21% in the 12 months through Friday’s close.
The aim is to siphon off lagging grocery staples into a new entity, allowing its faster-moving products more room to run and management to better focus on growing each side of the business. The company said the split will occur through a tax-free spinoff, and the companies’ names will be determined later.
“The complexity of our current structure makes it challenging to allocate capital effectively, prioritize initiatives and drive scale in our most promising areas,” said Miguel Patricio, Kraft’s current chairman. “By separating into two companies, we can allocate the right level of attention and resources to unlock the potential of each brand.”
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