Companies

Berkshire Hathaway May Exit Its Nearly 30 Percent Stake in Kraft Heinz

It would be one of the most significant moves yet under the company’s new CEO, Greg Abel.
Berkshire Hathaway May Exit Its Nearly 30 Percent Stake in Kraft Heinz
Kraft Mac & Cheese products are seen on a shelf at a Target store in the Flatbush neighborhood of the Brooklyn borough in New York City on Nov. 15, 2024. Michael M. Santiago/Getty Images
Mary Prenon
Mary Prenon
Freelance Reporter
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Berkshire Hathaway, the global conglomerate chaired by Warren Buffett, is considering a 28 percent divestiture in Kraft Heinz, an international food and beverage corporation.

It would be, if implemented, one of the most significant moves yet under Greg Abel, Berkshire Hathaway’s CEO, who succeeded Warren Buffett earlier this year.

Mary Prenon
Mary Prenon
Freelance Reporter
Mary T. Prenon covers real estate and business. She has been a writer and reporter for over 25 years with various print and broadcast media in New York.