Kraft and Heinz To Merge: What it Means For Mutual Fund Investors (KRFT)

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Kraft and Heinz To Merge: What it Means For Mutual Fund Investors (KRFT)

Kraft Foods company logo
Before the opening bell on Wednesday, Kraft Foods (KRFT) announced that it has agreed to merge with H.J. Heinz. Here’s what the merger means for mutual fund investors.

Inside the Deal

Kraft announced that the two companies have agreed to merge, and will create The Kraft Heinz Company. This deal will create the fifth largest food company in the world, and the third largest food company in the United States.

The combined company is expected to have revenue of about $28 billion. Under the agreement, Kraft shareholders will own 49% of the combined company. Kraft shareholders will also receive a $16.50 special dividend.

Packaged Foods Companies Struggle

Kraft is just one of the many packaged-foods companies that has been struggling with changing consumer tastes. Consumers have been purchasing fresher and healthier food products, which has put pressures of many food companies. This deal will help the combined company expand its product offerings, and is aimed to help Kraft’s earnings turnaround.

Mutual Funds to Watch

Investors interested in KRFT may be interested in the funds listed below. These funds currently have the largest stakes in the company.

The Bottom Line

The funds listed above allow investors to gain exposure to KRFT while remaining diversified. Investors interested in KRFT may also be interested in General Mills (GIS) or JM Smucker (SJM).

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Kraft Foods company logo

Kraft and Heinz To Merge: What it Means For Mutual Fund Investors (KRFT)

Before the opening bell on Wednesday, Kraft Foods (KRFT) announced that it has agreed to merge with H.J. Heinz. Here’s what the merger means for mutual fund investors.

Inside the Deal

Kraft announced that the two companies have agreed to merge, and will create The Kraft Heinz Company. This deal will create the fifth largest food company in the world, and the third largest food company in the United States.

The combined company is expected to have revenue of about $28 billion. Under the agreement, Kraft shareholders will own 49% of the combined company. Kraft shareholders will also receive a $16.50 special dividend.

Packaged Foods Companies Struggle

Kraft is just one of the many packaged-foods companies that has been struggling with changing consumer tastes. Consumers have been purchasing fresher and healthier food products, which has put pressures of many food companies. This deal will help the combined company expand its product offerings, and is aimed to help Kraft’s earnings turnaround.

Mutual Funds to Watch

Investors interested in KRFT may be interested in the funds listed below. These funds currently have the largest stakes in the company.

The Bottom Line

The funds listed above allow investors to gain exposure to KRFT while remaining diversified. Investors interested in KRFT may also be interested in General Mills (GIS) or JM Smucker (SJM).

If you’ve enjoyed this article, sign up for the free MutualFunds.com newsletter; we’ll send you similar content weekly.


Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Popular Articles

Download our free report

Find out why $30 trillon is invested in mutual funds.

Why 30 trillion is invested in mutual funds book

Why 30 trillion is invested in mutual funds book

Download our free report

Find out why $30 trillon is invested in mutual funds.

Why 30 trillion is invested in mutual funds book

Download our free report

Find out why $30 trillon is invested in mutual funds.


Read Next