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Kraft Heinz slides after Berkshire hints at near-full stake exit

1 min read
Source: MarketWatch
Kraft Heinz slides after Berkshire hints at near-full stake exit
Photo: MarketWatch
TL;DR

Berkshire Hathaway could sell up to about 325.4 million Kraft Heinz shares (roughly 27% of the company), prompting Kraft Heinz stock to fall in after-hours trading as the company moves to unwind its 2015 merger and split into two public entities.

Topics:top-newsindustries#berkshire-hathaway#industries#kraft-heinz#ownership-changes#stake-sale#stock-after-hours
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  1. Kraft Heinz stock falls as Berkshire Hathaway may sell off nearly its entire stake  MarketWatch
  2. Kraft Heinz Shares Tumble After Flagging Berkshire’s Potential Share Sale  The Wall Street Journal
  3. Warren Buffett's successor eyes selling off Berkshire Hathaway's 325 million Kraft Heinz shares  Yahoo Finance
  4. Kraft Heinz (KHC) Stock Falls as Berkshire Weighs Selling Entire 27.5% Stake  TipRanks
  5. Berkshire may shed 27.5% Kraft Heinz stake, filing shows  Reuters

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