-Investment bankers had pitched a breakup to Kraft Heinz for years without success, sources said. The company finally agreed to a split when it realized that two simpler companies would be easier to ...

Big food companies are facing big questions about their futures. Between a potential breakup at Kraft Heinz (KHC), a multibillion-dollar deal between Ferrero and WK Kellogg (KLG), and PepsiCo's (PEP) ...

We all know that there are a handful of mega-corporations out there that produce the vast majority of the products we consume on a daily basis. Food corporations specifically have been called out for ...

As American shoppers buy less packaged foods, Big Food has leaned on a familiar excuse: It’s the economy, stupid. True, inflation has forced some families to trade down to cheaper store brands, and ...

It’s not unusual for major players in food and beverage to buy, sell, and merge with others in the industry. It happens all the time. But rarely have we seen such significant shifts in such a short ...