Kraft heinz completes sale of natural cheese business to an affiliate of groupe lactalis

Pittsburgh & chicago--(business wire)--the kraft heinz company (nasdaq: khc) (“kraft heinz” or the “company”) announced today that it has completed the sale of certain assets in its global cheese business and the license of certain trademarks to an affiliate of groupe lactalis for total consideration of approximately $3.3 billion, including cash consideration of approximately $3.2 billion. the transaction involves the divestiture of kraft heinz's natural, grated, cultured, and specialty cheese
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