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Kraft and Heinz Sales Fall in Final Quarter Before Merger

2015-08-11 05:50:56| Food - Topix.net

Sales at Kraft fell due to weak demand for its beverages, a result of fewer promotions versus the year-earlier period, while the strong dollar hurt sales at Heinz. ) and Brazilian private equity firm 3G Capital, combined with Kraft Foods Group to create the third-largest North American food company.

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