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Kraft Heinz to divest its North American coffee business in $650 million deal
Source: CNBC
M&A & RestructuringCompany FundamentalsManagement & Governance
Kraft Heinz will divest its North American coffee business to private equity firm One Rock Capital Partners. CEO Steve Cahillane is pursuing the sale as part of efforts to revive the company; the article provides no deal value or expected closing date.
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