Kraft Heinz halts break-up plan
Struggling food group announces pause to separation work as new chief unveils $600mn investment plan
Struggling food group announces pause to separation work as new chief unveils $600mn investment plan

Ketchup maker says current CEO will not have management role when group splits next year

Exploration of deal worth tens of billions of dollars reflects struggle of both companies to combat subdued demand

Food company’s shares drop sharply as its largest investor explores exiting the group it helped to create

Warren Buffett’s landmark 2015 consumer goods tie-up has struggled and the company is exploring a break-up

The company is relying on a $48mn infusion from automakers to continue operating

Less than two years after taking the top job he is unwinding the packaged-food company’s failed megamerger