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Evercore Partners wins slice of Kraft deal

The independent advisory firm wins its first mandate from the US food group

Evercore Partners has won its first deal from Kraft Foods, alongside long-term advisors Centerview Partners and Goldman Sachs, as the US food giant splits into two businesses.

Kraft said in a statement yesterday that its board intends to create two independent public companies - a snacks business with estimated revenue of $32bn and a North American grocery business with estimated revenues of $16bn using Centerview, Evercore and Goldman Sachs as advisers.

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