Financial News

Kraft Heinz considers sale of Maxwell House coffee business, as it looks to reshape its food empire

The ailing food giant has tapped investment bank Credit Suisse to review options for its Maxwell House coffee business, including a possible sale, people familiar with the matter tell CNBC. The coffee business has roughly $400 million in earnings before interest, taxes, depreciation and amortization, the people said and could likely fetch a deal price in the billions.
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