Kraft Heinz to sell part of cheese business for $3.2 Billion

Kraft Heinz said Tuesday that it had reached a deal to sell its U.S. natural-cheese business and a mix of other cheese brands in North America and internationally to France’s Groupe Lactalis SA for $3.2 billion.

Kraft Heinz will cut $2 billion in costs, reinvest in iconic brands like Heinz ketchup and Lunchables

Kraft Heinz to Sell Part of Cheese Business for $3.2 Billion - WSJ

Kraft plans $2 billion in cost cuts; sells cheese businesses for $3.2 billion

Kraft Heinz to sell natural cheese unit to Groupe Lactalis for $3.2B

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