Warren Buffett's position in Kraft Heinz is currently worth $8.78B. That's 3.23% of their equity portfolio (8th largest holding). The investor owns 26.52% of the outstanding Kraft Heinz stock. Warren Buffett acquired their 326M shares in 2015. So far they never sold any shares in the company. The investor's estimated purchase price is $24.6B, resulting in a loss of 64%.
Buffett ¨C whose investment firm Berkshire Hathaway is Kraft Heinz's largest shareholder with a 27.5% stake ¨C said he was ¡°disappointed¡± by the split-up.
Warren Buffett told CNBC on Tuesday that he is disappointed in the Kraft Heinz split that unwinds much of the blockbuster merger he masterminded a decade ago...
Kraft Heinz Co (NASDAQ: KHC) is sinking this morning after announcing plans of a ¡°split¡± that unwinds much of the mega-merger that legendary investor Warren ...
Warren Buffett told CNBC on Tuesday that he is disappointed in the Kraft Heinz?split that unwinds much of the blockbuster merger he masterminded a decade ago...