You are here

Kraft Heinz faces pressure to do a deal as sales stagnate

New York

KRAFT Heinz Co, rebuffed in its bid to buy Unilever earlier this year, is struggling to reignite sales in the absence of a deal.

First-quarter revenue dropped to US$6.36 billion, the food giant said on Wednesday. That missed the US$6.46 billion average of analysts'

Market voices on:


Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at

Powered by GET.comGetCom