kraft to restate financial results following investigation

Kraft to Restate Financial Results Following Investigation

Business

Kraft Heinz Co. said it is restating a host of its financial results dating as far back as 2016, after it determined they included certain misstatements.

The food company also said an investigation revealed misconduct by several staffers in its procurement division. A number of staff in that division were let go as part of the probe.

“The…

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