Kraft Heinz splitting into dual companies — as billionaire investor Warren Buffett knocks the move
1. Kraft Heinz plans to split into two distinct companies by 2026. 2. Warren Buffett expressed disappointment over the breakup of Kraft Heinz. 3. The company lost $57 billion in market value since its 2015 merger. 4. Analysts highlight that food megamergers often result in low success rates. 5. Kraft Heinz aims to improve brand investment and focus on healthier options.