Berkshire Hathaway may sell its Kraft Heinz stake as new CEO Greg Abel moves to clean up a rare Warren Buffett-era misstep.
In a Jan. 21 research report, BofA Global Research suggested the recent hiring of Steve Cahillane as chief executive officer may mean a new home for the Mac & Cheese business within the split company.
PITTSBURGH — Even as Kraft Heinz Co. moves toward a split, what the new company will look like remains uncertain. In a Jan.
Kraft Heinz disclosed that more than 325 million Berkshire-held shares may be sold following its planned split.
Berkshire is seeking to sell its 28% stake in the packaged foods company, according to a filing, the final step in a ...
Oscar Mayer Wienermobile featured on 'Great Day Live!'.
It took just three weeks for Berkshire Hathaway’s Greg Abel to cut the final tether to one of Warren Buffett’s rare mistakes: ...
Investors have long anticipated how Greg Abel, Warren Buffett’s successor as CEO of Berkshire Hathaway ...
Investors were still disappointed by the new filing, sending Kraft Heinz shares down as much as 6.9 per cent Share your ...
Berkshire now holds a 27.5% stake in the food company—or 325.4 million shares.
The move underscores Greg Abel's willingness to look past a deal that has long stood out as a rare blemish on Buffett's ...
Last year, Kraft Heinz ( KHC) announced the major restructuring plan to split into two independent, publicly traded ...