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Kraft Foods

A collection of news and information related to Kraft Foods published by this site and its partners.

Top Kraft Foods Articles

Displaying items 1-11
  • Kraft shareholders approve merger with Heinz

    Kraft shareholders approve merger with Heinz
    Kraft Foods Group Inc. shareholders voted Wednesday to approve the company's sale to H.J. Heinz Co., clearing the way for the creation of the third-largest food and beverage company in North America and the fifth-largest worldwide. About two dozen...
  • With Kraft Heinz merged, now comes the cutting

    With Kraft Heinz merged, now comes the cutting
    Kraft Foods Group shareholders voted Wednesday to approve the company's sale to H.J. Heinz, a deal that brings together two storied packaged-food companies vying for attention as consumers look for healthier, fresher fare. About two dozen shareholders...
  • Kraft shareholders clear way for merger with Heinz

    PITTSBURGH Shareholders of Kraft Foods Group Wednesday morning voted overwhelmingly to approve the merger of their Illinois company with Pittsburgh ketchup maker H.J. Heinz Co., clearing the way for a pairing of the historic food industry names. More...
  • Kraft shareholders approve sale of company to Heinz

    Kraft shareholders have approved the sale of the company to ketchup maker H.J. Heinz, creating one of the world's largest food companies with annual revenue of about $28 billion. Heinz' owners, Warren Buffett's Berkshire Hathaway and the Brazilian...
  • Kraft shareholders to vote on Heinz deal Wednesday

    Kraft shareholders to vote on Heinz deal Wednesday
    The fate of more than 400 workers at the Kraft Foods Group plant in Upper Macungie remains uncertain, a little more than three months after H.J. Heinz Co. announced its plan to buy the Northfield, Ill.-based macaroni-cheese maker. That hazy outlook...
  • Kraft executives set to get millions in Heinz deal

    Kraft executives set to get millions in Heinz deal
    Kraft Foods Group CEO John Cahill stands to take home millions once the company's sale to H.J. Heinz closes, documents filed Wednesday show. Other executives will also receive special payments tied to their work on the deal, and Kraft will cover an...
  • Buffett's firm invests $462,000 in Heinz ahead of Kraft deal

    Buffett's firm invests $462,000 in Heinz ahead of Kraft deal
    Warren Buffett's company has invested another $462,000 in ketchup maker H.J. Heinz Co. before Heinz' planned acquisition of Kraft Foods. Heinz said in a government filing Thursday that Buffett's Berkshire Hathaway Inc. owns 52.5 percent of the...
  • Proposed Kraft-Heinz combination clears a hurdle

    Proposed Kraft-Heinz combination clears a hurdle
    The proposed acquisition of Kraft Foods Group by H.J. Heinz cleared a waiting period required under law, bringing the deal one step closer to completion, the companies said Tuesday. The waiting period, set by the Hart-Scott-Rodino Act, allowed the...
  • Kraft shareholders to vote on Heinz deal July 1

    Kraft shareholders to vote on Heinz deal July 1
    Kraft shareholders will vote July 1 on whether the company should be acquired by H.J. Heinz, a vote that comes more than five months after the ketchup maker first approached the macaroni and cheese maker. Kraft Foods Group, in a filing issued Tuesday,...
  • Kraft first-quarter profit falls more than 16 percent

    Kraft first-quarter profit falls more than 16 percent
    Kraft Foods Group’s first-quarter profit fell more than 16 percent on flat sales as it waits to be acquired by H.J. Heinz. Heinz announced its plan to buy Kraft on March 25, a move that would give the ketchup maker the chance to grow its list of...
  • Kraft macaroni & cheese going without preservatives, synthetic colors

    Kraft macaroni & cheese going without preservatives, synthetic colors
    Kraft Foods Group is removing artificial preservatives and synthetic colors from its iconic macaroni and cheese, its latest step to appeal to diners seeking simpler fare. The change, which Kraft plans to announce this month and implement beginning in...