Warren Buffett’s successor’s first major move may be to unwind one of his biggest investments: Kraft Heinz
Warren Buffett’s successor appears to be considering his first significant move after taking over as CEO this month.
Kraft Heinz warned investors Tuesday that Berkshire Hathaway may be interested in selling its 325 million shares in the name brand food giant that Buffett helped create back in 2015. The news came in a filing with stock market regulators.
Buffett and the Brazilian investment firm 3G Capital orchestrated the merger of Kraft and Heinz back then because they already...