North America, Processing, Trends

Wall Street rumor: Will Kraft Heinz buy Pepsico?

Kraft Heinz Co., producer of Ore-Ida American brand of potato-based frozen foods, is hungry for a big deal, but can it stomach a fight? "Based on how quickly they walked away from Unilever last year," Morningstar analyst Erin Lash told TheStreet on Monday, June 18, "they don't seem to want to be involved in a hostile takeover." In Feb. 2017, Kraft Heinz approached Unilever NV with a[Read More...]

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