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KHC Jun 2024 25.000 put
| Previous close | 0.0200 |
| Open | 0.0100 |
| Bid | 0.0100 |
| Ask | 0.7500 |
| Strike | 25.00 |
| Expiry date | 2024-06-21 |
| Day's range | 0.0100 - 0.0200 |
| Contract range | N/A |
| Volume | |
| Open interest | 4.84k |
- Reuters
UPDATE 3-Kraft Heinz exploring sale of Oscar Mayer business, WSJ reports
Kraft Heinz is exploring a sale of its Oscar Mayer meats business that could fetch anything between $3 billion to $5 billion, the Wall Street Journal reported on Monday, citing people familiar with the matter. The Oscar Mayer business, known for hot dogs, bacon, ham, and bologna products, has had to deal with declining consumer demand in the face of a shift to healthier options. The company also wrote down the value of its Oscar Mayer and Kraft brands in 2019.
ReutersKraft Heinz exploring sale of Oscar Mayer business, WSJ reports
The Oscar Mayer business, known for hot dogs, bacon, ham, and bologna products, has had to deal with declining consumer demand in the face of a shift to healthier options. The company also wrote down the value of its Oscar Mayer and Kraft brands in 2019. Kraft Heinz has tapped Bank of America and Centerview Partners to gauge interest in the business, the report said.
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