Genuine Parts Co. will split into two publicly traded companies following a review of options for its automotive and industrial business lines. The tax-free transaction, which does not require ...

Automotive and industrial parts distributor Genuine Parts will separate into two independent companies, it said on Tuesday, months after a deal with activist investor Elliott Investment Management.

Kraft Heinz said Feb. 11 it's pausing its plans to split into two companies. Steve Cahillane, a former Kellogg Co. chief who became CEO of Kraft Heinz on Jan. 1, said he wants to ensure that all of ...

Kraft Heinz said Wednesday it’s pausing its plans to split into two companies. Steve Cahillane, a former Kellogg Co. chief who became CEO of Kraft Heinz on Jan. 1, said he wants to ensure that all of ...

Kraft Heinz has halted efforts to split the company, in a surprise move that new CEO Steve Cahillane said was necessary due to deteriorating conditions in the food industry, though he called the ...

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This story has been update with comments from the Greater Memphis Chamber. Memphis-based International Paper said on Jan. 29 it would split into two publicly traded companies by spinning off its ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The company announced a major ...