Subject: Selling Kraft Heinz
Berkshire Hathaway (BRK.A) (BRK.B) may unload its 27.5% stake in Kraft Heinz (KHC), according to a regulatory filing on Tuesday, potentially ending a more than decade-long investment that chairman Warren Buffett helped create back in 2015.
Kraft Heinz (KHC) disclosed in a prospectus supplement that its largest shareholder “may offer to sell, from time to time, 325,442,152 shares.” KHC shares fell nearly 4% to $22.85 following the filing.
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