Word is that Kraft Heinz is getting ready to sell its Oscar Mayer hot dog and lunch meat business for about $3 billion. Sources suggest they've got two interested buyers - JBS SA's Pilgrim's ...
Last week, Reuters reported Brazil-based meat giant JBS and Mexico's Sigma Alimentos were among companies to have made initial bids for assets housed under Kraft Heinz's Oscar Mayer meats business.
Analysts have noted the potential for significant corporate actions that could reshape Kraft Heinz's business structure. There has been consideration of a potential divestiture of its Oscar Mayer meat ...