Tag Archives: Kraft

It’s The Edge Of The Well As We Know It(And I Feel Fine)- Barron’s Sees 50% Upside For Edgewell Personal Care(EPC)

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There are worse names in the spinoff world, but Edgewell Personal Care(EPC) is a fairly bad one. Made worse, no doubt, by the company’s tortured explanation of its deep meaning. Edgewell, which owns such personal care brands as Schick, Skintimate, Hawaiian Tropic, and Playtex, spun off Energizer Holdings(ENR) in July 2015. Edgewell stock has underperformed since, recently down 20% from… Read More »

Might Lemann Team With Buffett To Put Kraft(KHC) And Mondelez(MDLZ) Together Again?

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Humans are nothing if not pattern recognition machines. Even in random data, we see patterns. So Bloomberg’s report that Jorge Paulo Lemann’s 3G is expected by some to be ready to do another large deal is no surprise. Never mind that the supposition is based on a mere two data points: two years separated 3G’s 2013 acquisition of… Read More »

3G Gets Krafty- Puts Heinz Ketchup On Oscar Mayer Weiners, With Assist From Warren Buffett

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Less than 3 years after being spun off from then Kraft Foods (now the ill-named Mondelez [MDLZ]), Kraft Foods Group (KRFT) has agreed to a merger with Heinz. Heinz was taken private in 2013 by Brazilian private equity firm 3G capital, with backing from Warren Buffett’s Berkshire Hathaway(BRKA,BRKB).  Berkshire Hathaway and 3G will be injecting an additional $10 billion… Read More »

Kraft’s Board Approves Spinoff – Mondelez Coming Soon

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It only took about a year since the idea was first publicly floated, but Kraft Food’s (KFT) board of directors formally approved the spinoff of its North American grocery business last week. The tax-free spin is expected to be completed after the close on October 1st and shareholders of KFT will receive 1 share of the new Kraft Foods… Read More »

Are You Prepared For A Delicious World? Mondelez Coming On October 2 To A Stock Market Near You

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Rejoice, oh lovers of oddly named companies. Prepare, chronic mis-pronouncers. The North American Grocery business of the crafty Kraft(KFT) will be spun off and trade under the new ticker KRFT.  The stub will be renamed Mondelez(this rhymes with Oh Puhhleez) International, despite our valiant efforts to stop this awful name, and trade under the ticker MDLZ.  Speaking of… Read More »

Kraft Releases Additional Information On Its Spin

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Kraft Foods (KFT) has filed its initial Form 10 detailing the separation of its North American grocery business, which will retain the Kraft Foods Group name, from its global snacks business (soon to be known as Mondelez International). While the snacks business is quite larger with sales of ~$35b and a popular portfolio of brands including Oreos and… Read More »

Mondelez? Oh Puhhleez! Kraft Chooses Awful Name For Global Snacks Business

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Since Kraft(KFT) announced last year that it planned to spin off its North American Foods business from its Global Snacks business, anticipation has been high to discover what the two new companies would be named. Well, the wait is over. The company undertook a long and deliberate process Last fall, the company invited employees from around the world… Read More »