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On July 11, 2025, The recorded a trading volume of 14.10 billion, marking a significant increase of 236.15% compared to the previous day. This surge placed The at the 40th position in terms of trading volume for the day.
Kraft Heinz (KHC) is reportedly planning to split its business by spinning off a substantial portion of its grocery segment. This move could potentially create a new entity valued at up to $20 billion. The spinoff would include many
products, aiming to enhance operational efficiency and focus on core business areas.This strategic decision by
is part of a broader effort to streamline operations and potentially unlock value for shareholders. The new entity, if formed, would operate independently, allowing Kraft Heinz to concentrate on other aspects of its business.
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