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via finance.yahoo.comBusiness & Companies

Kraft Heinz sells its coffee business to One Rock Capital at $650 million enterprise value

FROM THE WIRE · FINANCE.YAHOO.COM

Private equity firm One Rock Capital Partners is buying the operation at an enterprise value of $650 million. Continue Reading

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishDivesting a non-core business to a private equity firm can support a large food company's stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Kraft Heinz is selling its coffee business.
  2. 02The buyer is private equity firm One Rock Capital Partners.
  3. 03The deal carries an enterprise value of $650 million.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
The Kraft Heinz CompanyKHCStock25.44 USDMarket closedtoday +3.75%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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