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Kraft’s costs related to spin-off come in low
date:Feb 17, 2014
f financial officer for Northfield-based Kraft Foods, in a Feb. 13 earnings conference call. Restructuring program costs were roughly $290 million for the year versus the approximately $325 million we initially expected. You may recall the initial estimate for this restructuring program announced at the time of the spin-off was $650 million. Right now, we expect that we will complete the program at a lower cost, call it $625 million.

Mondelēz International, Deerfield, Ill., completed the spin-

12/24 11:06