American food processing company Kraft Heinz announced last Thursday a deal to acquire Brazilian Companhia Hemmer Indústria e Comércio (Hemmer). Kraft Heinz aims to expand consumers’ taste options in Brazil and support its strategy of growing its International...
Kraft Heinz announced a bond buyback (Term of the day, explained below) of bonds worth $2.8bn, launching a tender offer to repurchase 10 outstanding bonds. The buyback is part of its efforts to reduce its debt load post its $3bn sale of Planters to Hormel. This is...
