Berkshire Hathaway Considers Selling 27.5% Stake in Kraft Heinz
Berkshire Hathaway is contemplating the sale of its 27.5% stake in Kraft Heinz, signaling a potential strategic shift under new CEO Greg Abel.
Berkshire Hathaway is considering selling its 27.5% stake in Kraft Heinz, according to a recent regulatory filing by the food company. The filing enables Berkshire to potentially divest its 325.4 million shares, valued at approximately $7.7 billion based on Tuesday's closing price.
This development follows Berkshire's $3.76 billion write-down on its Kraft Heinz investment in August 2025, reflecting challenges in the packaged food sector and increased competition from private-label brands. The potential sale marks a departure from Berkshire's traditional strategy of long-term holdings and could indicate a broader reassessment of its investment portfolio under new CEO Greg Abel, who assumed leadership on January 1, 2026.
Kraft Heinz shares declined nearly 5% in after-hours trading following the disclosure. While the filing does not confirm an imminent sale, it provides Berkshire the flexibility to reduce or exit its position in the company.
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