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3G Capital Sold 9% of its Stake in Kraft Heinz for $713 Million

by dkass · September 16, 2019

3G Capital today sold 25 million shares, or 9% of its stake, in Kraft Heinz at $28.44 per share for $713 million. Jorge Lemann bought 3.5 million shares at $28.60 for $100 million.

Berkshire Hathaway remains the largest shareholder of Kraft Heinz with a 27% stake.

 

 

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Dr. David Kass

PhD, Harvard University

Department of Finance
Robert H. Smith School of Business
University of Maryland


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