Hackers release corporate data stolen from London Drugs
Retailer London Drugs says cybercriminals who stole files from its corporate head office last month have released some of the data after it refused to pay a ransom.
Kraft Heinz is exploring a sale of its Oscar Mayer meats business that could fetch anything between US$3 to $5 billion, the Wall Street Journal reported on Monday, citing people familiar with the matter.
The Oscar Mayer business, known for hot dogs, bacon, ham, and bologna products, has had to deal with declining consumer demand in the face of a shift to healthier options.
The company also wrote down the value of its Oscar Mayer and Kraft brands in 2019.
Kraft Heinz has tapped Bank of America and Centerview Partners to gauge interest in the business, the report said.
While it is not clear as to who might be interested in purchasing the business, potential buyers could include private-equity firms or other food-industry players, WSJ added.
The report also notes the possibility that no transaction may materialize.
Kraft Heinz declined to comment on the report.
Before its merger with H.J. Heinz in 2015, Kraft Foods had planned to spin Oscar Mayer into a separate segment in 2007.
Shares of Kraft Heinz were up marginally at $36.45 in afternoon trade following the report.
Retailer London Drugs says cybercriminals who stole files from its corporate head office last month have released some of the data after it refused to pay a ransom.
A Toronto man who won $70 million in a recent Lotto Max draw literally fell off his chair when he saw the funds in his bank account.
Approximately 50 Montreal-area students — the vast majority of them female — were suspended Wednesday after their school deemed the shorts they were wearing were too short. On Thursday, several students staged a walk-out to protest what they believe is a "sexist" dress code that unfairly targets girls.
Something shifted in the pretty little village of Lumby, B.C., after Tatjana Stefanski vanished. It used to be the sort of place where parents let their kids roam free or play in the local creek, but everything has changed.
Celine Dion's fans are getting a first glimpse of the superstar's struggle with a rare neurological disorder in an emotional trailer for an upcoming documentary about her career and life.
Ultra-processed foods are quick, convenient and hard to avoid, but there is growing evidence that eating these products can have an impact on brain health, leading to cognitive decline and stroke.
Despite its rough name, experts say most cases of 'slapped cheek disease' are mild and not a cause for concern.
An unlikely celebrity emerged from social media to cheer on the Edmonton Oilers as they face the Dallas Stars tonight in Game 1 of the Western Conference Finals.
American Airlines has distanced itself from a court filing in which the carrier said a nine-year-old girl should have noticed there was a camera taped to the seat of an airplane lavatory.
The proprietors of Regina's sole discount theatre are aware they're carrying on a significant legacy.
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A city known for its history, ties to outer space and southern barbecue, is also home to a Winnipeg chef dishing out dozens of perogies.
A Montreal photographer captured the moment a Canada goose defended itself from a fox at the Botanical Garden.
Public libraries in Atlantic Canada are now lending a broader range of items.
Flashes of purple darting across the sky mixed with the serenading sound of songs will be noticed more with spring in full force in Manitoba.
Catching 'em all with impressive speed, a 7-year-old boy from Windsor, Ont. who only started his competitive Pokémon journey seven months ago has already levelled up to compete at a world championship level.
A sanctuary dedicated to animals with disabilities is celebrating the third birthday of one of its most popular residents.
2b Theatre recently moved into the old Video Difference building, seeking to transform it into an artistic hub, meeting space, and temporary housing unit for visiting performers in Halifax.