Kraft Foods will split into 2 entities

08/9/2011 | IndustryWeek · Crain's Chicago Business

Grocery-food giant Kraft Foods announced its intention to split into two independent public companies. One would specialize in the global snacks business, the other in the North American grocery sector. Kraft hopes to launch the spinoff company by the end of next year.

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IndustryWeek · Crain's Chicago Business

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