When did Kraft spin off from altria?

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2026-06-06 09:55

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Kraft Foods Inc. spun off from Altria Group, Inc. on March 30, 2007. The separation allowed Kraft to operate as an independent company, focusing on its food and beverage products, while Altria continued to concentrate on its tobacco business. This strategic move was part of Altria's efforts to streamline its operations and enhance shareholder value.

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