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Kraft Heinz Co (KHC.OQ)

KHC.OQ on NASDAQ Stock Exchange Global Select Market

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7 Dec 2018
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Wed, Nov 7 2018

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Kraft to sell Canada natural cheese business to Parmalat

Kraft Heinz Co has agreed to sell its Canadian natural cheese business to Parmalat SpA in a C$1.62 billion ($1.23 billion) deal that will help Kraft trim its debt and extend the North American footprint of Parmalat owner Lactalis.

Kraft to sell Canada natural cheese business to Parmalat

Kraft Heinz Co has agreed to sell its Canadian natural cheese business to Parmalat SpA in a C$1.62 billion (941.28 million pounds) deal that will help Kraft trim its debt and extend the North American footprint of Parmalat owner Lactalis.

UPDATE 3-Kraft to sell Canada natural cheese business to Parmalat

* Parmalat and owner Lactalis reinforce N. America presence (Adds background and statement from Parmalat owner Lactalis)

Kraft Heinz to sell natural cheese operations in Canada for $1.23 bln

Nov 6 Tater tots maker Kraft Heinz Co said on Tuesday it would sell its Canadian natural cheese business to dairy products company Parmalat Group in a deal valued at C$1.62 billion ($1.23 billion).

Kraft Heinz earnings disappoint as costs surge, shares slide

CHICAGO Tater tots maker Kraft Heinz Co missed quarterly earnings estimates, sending its shares down more than 7 percent, as steep commodity costs, other expenses and pricing promotions overshadowed higher-than-expected sales.

Kraft Heinz earnings disappoint as costs surge, shares slide

CHICAGO Tater tots maker Kraft Heinz Co missed quarterly earnings estimates, sending its shares down more than 7 percent, as steep commodity costs, other expenses and pricing promotions overshadowed higher-than-expected sales.

UPDATE 3-Kraft Heinz earnings disappoint as costs surge, shares slide

CHICAGO, Nov 1 Tater tots maker Kraft Heinz Co missed quarterly earnings estimates, sending its shares down more than 7 percent, as steep commodity costs, other expenses and pricing promotions overshadowed higher-than-expected sales.

Kraft Heinz quarterly income falls by a third, shares slide

CHICAGO, Nov 1 Tater tots maker Kraft Heinz Co reported a steep decline in third quarter net income, hurt by higher commodity costs and other expenses, sending its shares down 5.7 percent.

Kraft Heinz to sell part of India business for about $630 million

Kraft Heinz Co will sell part of its Indian business, including brands such as malt-based drink Complan and energy drink Glucon-D, for 45.95 billion rupees ($627.18 million), at a time when Indian consumers are demanding healthier, sugar-free alternatives.

UPDATE 2-Kraft Heinz to sell part of India business for about $630 mln

* Deal does not assume any debt (Recasts throughout to add background, deal details)

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