CHICAGO--(BUSINESS WIRE)--Fitch Ratings has upgraded and removed H.J. Heinz Company (Heinz) and its subsidiaries' ratings from Rating Watch Positive and taken the rating actions outlined below. The Rating Outlook is Stable. These rating actions reflect the refinancing related to the merger of Kraft Foods Group (Kraft) and H.J. Heinz Company to form The Kraft Heinz Company (Kraft Heinz) in a stock and cash transaction. The definitive agreement was announced on March 25, 2015 and Fitch estimates
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