Shares in Mondelez International jumped in after-hours trading in New York yesterday (14 December) after reports surfaced Kraft Heinz could be preparing a takeover attempt for the Oreo and Cadbury owner.
Shares in US food majors including Mondelez International and General Mills rose yesterday (8 November) after Brazilian reports suggested investment firm 3G Capital is raising US$8-10bn to fund more acquisitions.
This morning's (25 March) news HJ Heinz and Kraft Foods Group have inked a definitive merger agreement sent shockwaves through the US food sector. But, when the dust settles, what are we likely to see from the enlarged Kraft Heinz Co.? Katy Askew investigates.