Kraft Foods Sells, Then Leases Chicago Headquarters

Jan. 24, 2013

Kraft Foods Group Inc. has sold its Chicago headquarters building with plans to lease it back, in order to raise cash for shareholders, according to the Los Angeles Times. The chief executive for Kraft Foods explained that the company would be focusing on generating cash instead of revenue growth and profit margins in the coming year. The transaction amount was not disclosed. Full article.


Confections, cookies, pastries

Kraft - snacks

July 25, 2012
Brands: Oreo, Chips Ahoy, Ritz, Planters, Jell-O

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