Kraft Heinz considers sale of Maxwell House coffee business, as it looks to reshape its food empire
February 24, 2019 at 15:00 PM EST
The ailing food giant has tapped investment bank Credit Suisse to review options for its Maxwell House coffee business, including a possible sale, people familiar with the matter tell CNBC. The coffee business has roughly $400 million in earnings before interest, taxes, depreciation and amortization, the people said and could likely fetch a deal price in the billions.
