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Kraft Heinz faces pressure to do a deal as sales stagnate

Friday, May 5, 2017 - 05:50

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'

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