This site uses cookies to provide you with a great user experience. By using BondbloX, you accept our use of cookies.
Bond Market News
Kraft Heinz Said to be Nearing a Deal to Break Up, as per WSJ
September 1, 2025
Kraft Heinz is said be nearing a deal to break itself up, as per WSJ citing sources. It is said to plan splitting the company into two separate units focusing on grocery and sauces respectively. The sources noted that the deal could be finalized and announced as early as this week. The grocery unit includes Kraft-branded staples and sauces includes the famous Heinz ketchup and Grey Poupon mustard. The spun-off grocery unit could be valued at up to $20bn, and the combined value of both entities is expected to exceed Kraft Heinz’s current market cap of ~$33bn, sources said. However, the company has not yet commented on the reported breakup plans.
Kraft Heinz’s bonds were trading slightly weaker with its 5% 2035s down 0.5 points to trade at 97.8, yielding 5.3%.
For more details, click here
Go back to Latest bond Market News
Related Posts:
BondbloX Pte. Ltd. is regulated by the Monetary Authority of Singapore as a Recognised Market Operator ("RMO") and exempted from Section 49(1) of the Securities and Futures Act (Cap. 289) ("SFA") under Section 49(7) of the SFA.