Kraft Heinz Split: Unwinding a Failed Merger?

Kraft Heinz is splitting up! Shares plunged as the company announced plans to unwind its 2015 merger, a move even Warren Buffett seems unhappy about. Is this the key to unlocking shareholder value, or an admission of past failures? Investors are wary as the company faces potential disruptions and up to $300 million in new expenses. With the split not expected until 2026, and the stock already down 15% this year, can Kraft Heinz regain investor confidence? Hosted on Acast. See acast.com/privacy for more information.