Kraft Heinz Co. is preparing to break itself up, people familiar with the matter said. Under the plan, the company could spin ...

The company’s stock has underperformed since its megamerger in 2015 and changing consumer tastes have hampered results.

The company is said to be mulling the creation of a new entity that would include many Kraft products and could be valued at as much as $20 billion.

A decade since they tied the knot, the Kraft Heinz union may be headed for splitsville. The packaged food conglomerate, which ...

A spinoff of part of the grocery operation could create a business valued at as much as $20 billion, according to the WSJ.