Kraft Foods plans to separate into global snack, U.S. grocery divisions

摘要

Kraft Foods Inc., Northfield, Ⅲ., announced that its board of directors intends to create two independent, public companies: a high-growth global snacks business with estimated revenue of approximately $32 billion and a high-margin North American grocery business with estimated revenue of approximately $16 billion. It plans to create these companies through a tax-free spin-off of the North American grocery business to Kraft Foods shareholders, it says.