Grain-based foods brands to be separated in Kraft split plan

摘要

NORTHFIELD, ILL. - The board of directors of Kraft Foods Inc. announced last week its intent to split into two publicly-traded companies, with one focusing on its global snacks business and the other on its high-margin North American grocery business.In doing so, the company would effectively split its grain-based foods businesses, with the company's Nabisco brands falling under the global snacks umbrella and its Kraft macaroni and cheese and other convenient meals managed under the North American grocery business.