Kraft Heinz Likely To Sell Planters Brand To Hormel Foods In $3 Bln Deal: WSJ

(RTTNews) – Kraft Heinz Co. is nearing a deal to sell its Planters snack business to Hormel Foods Corp., the Wall Street Journal reported citing people familiar with the matter.A deal could value the peanut brand, which sells nuts and snack mixes, at about $3 billion. The companiRead MoreMarketsMarkets Feed