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Hidden among Kraft Heinz Co.’s brightly colored assets exists an unusual source of value: an over-funded pension plan.
The top 10 pension fund holders of Kraft Foods Group stock made nearly $250 million Wednesday morning (on paper) after the announcement the firm would merge with H.J. Heinz Co.
Kraft Heinz Co., Pittsburgh, plans to contribute approximately $345 million total to its global defined benefit plans in 2016, the company announced in its recently filed 10-K with the Securities ...
A merger of H.G. Heinz Co. and Kraft Foods would mean the union of more than $13 billion in defined benefit and defined contribution retirement assets.
The fund owned 14,551 shares of the company’s stock after buying an additional 4,714 shares during the period. Public Sector Pension Investment Board’s holdings in Kraft Heinz were […] ...
UK - Trustees at the Cadbury Pension Fund have sought to reassure scheme members in the wake of US-food company Kraft's takeover. In an open letter the trustees and Kraft admitted discussions over the ...
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