Kraft’s shares rose 34 percent to $82.50 in premarket trading on Wednesday. The combined company, to be led by Heinz Chief Executive Bernardo Hees, will have revenue of about $28 billion, less than half that of market leader PepsiCo in 2014.
Kraft’s shares rose 34 percent to $82.50 in premarket trading on Wednesday. The combined company, to be led by Heinz Chief Executive Bernardo Hees, will have revenue of about $28 billion, less than half that of market leader PepsiCo in 2014.