S&P assigns rating to Kraft Heinz after merger

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S&P assigns rating to Kraft Heinz after merger

Heinz 230x150
Illustrative image of Heinz Beanz (Newscast Limited via AP Images) | Newscast/AP

Standard & Poor’s on Monday assigned a rating of BBB- to the newly constituted Kraft Heinz Company, the corporation created by the merger of American food groups Heinz and Kraft.

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