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Kraft Heinz is desperate for a new selection – Breakingviews



Kraft Heinz is desperate for a new selection – Breakingviews

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An earnings error, a write-down of NOK 15 billion and a SEC summons sent the ketchup maker's share over 20 per cent. After hours Thursday. It's a sign. President and CEO Bernardo He's cost-cutting strategy has hit a dead end. Owners 3G and Berkshire Hathaway need to find a new recipe for growth.

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