Kraft Heinz Breakup: Can Buffett’s Blunder Become a Buy?

The last bite: Will other food companies follow Kraft Heinz split?

Also, Gen Z is drinking more alcohol than previously thought, Land O'Lakes is hunting for tech investments, and slaughterhouse line speeds might be increasing in this week's food and ag roundup.

Kraft Heinz Breakup: Can Buffett’s Blunder Become a Buy?

Key Points Warren Buffett orchestrated the 2015 Kraft-Heinz (KHC) merger, aiming for scale and brand synergy.  The merger failed, with KHC losing 60% of its market value and Berkshire Hathaway slashing its stake’s value from $17 billion to $8.4 billion.  KHC’s announced breakup into two companies prompts questions about their investment potential. Nvidia made early investors rich, but there is a new class of ‘Next Nvidia Stocks’ that could b…

Kraft Heinz Announces Conscious Uncoupling

USA | The Kraft Heinz Company announced that its Board of Directors has unanimously approved a plan to separate the Company into two independent,...

The Week in AgriFoodTech: Kraft Heinz breaking up, eGrocery outfits raise funds, alt meat startups sue Texas

Quick delivery had a good week for funding, with raises from “super app” Rappi and Indian platforms Citymall and FirstClub. Elsewhere, alt-protein companies are suing Texas thanks to the state’s cultivated meat ban, and Apeel Sciences is suing a wellness influencer for defamation and “unfair competition,” among other things. Beyond the courtroom, CPG giant Kraft Heinz announced plans to split up. Funding news 🇨🇴 Rappi secures $100M debt financ…