It is understood Kraft Heinz has had UBS’ bankers informally run the numbers on its Australian unit and engage with potential buyers, including private equity giant KKR and its domestic biscuit maker Arnott’s.Justin McManus
Kraft Heinz has been a major player in Australia’s supermarket aisles for decades. The group claims its history in Australia dates back to the 1880s, when American miners working in the goldfields imported Heinz products, and started producing bottled horseradish from a factory in Victoria in 1935. Other private equity firms know it could be hard to topple interest from KKR, given its beachhead position in the sector.
That is a terribly written headline!
Any & all members of World Economic Forum & any associations will be Boycotted. We have had enough of the WEFcrimesAgainstHumanity Bring these evil humans to justice including Charles, Klaus, George etc. BillGates for capital punishment. 10s of 1000s reporting myocarditis.
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