Berkshire may exit Kraft Heinz
Wall Street Breakfast
Seeking Alpha
4.1 • 1K Ratings
🗓️ 21 January 2026
⏱️ 5 minutes
🧾️ Download transcript
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Transcript
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| 0:00.0 | Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning. |
| 0:07.6 | It's always good to have you here. Today is Wednesday, January 21st. I'm Julie Morgan. |
| 0:14.9 | Berkshire Hathaway may unload its 27 and a half percent stake in Kraft Hines, according to a regulatory filing on Tuesday, potentially |
| 0:24.1 | ending a more than decade-long investment. Craft Tines disclosed in a prospectus supplement |
| 0:29.7 | that its largest shareholder may offer to sell from time to time more than 325 million shares. |
| 0:37.3 | KHC is down nearly 4% in pre-market action. |
| 0:41.3 | We reached out to Kraft Hines, but they did not immediately respond to a request for comment. |
| 0:46.7 | Buffett and Brazilian investment firm 3G Capital orchestrated the merger of Kraft and |
| 0:52.1 | Heinz back in 2015, betting that the company's well-known |
| 0:56.1 | brands would deliver long-term strength. Over time, the combination proved weaker than expected, |
| 1:02.1 | with Berkshire Hathaway taking a $3.76 billion write-down on its stake last summer. |
| 1:08.2 | Buffett said last fall that he was disappointed in the plan to split the |
| 1:11.8 | company in two. Back in September, KHC said its board had unanimously approved a plan to separate |
| 1:18.1 | the company into two independent, publicly traded companies through a tax-free spinoff. The split aims to |
| 1:25.0 | simplify operations and let each new company focus on its own goals, |
| 1:29.9 | improving performance while keeping the scale needed to stay competitive. |
| 1:34.9 | President Trump has signed an executive order to restrict large institutional investors from |
| 1:40.4 | buying single-family homes in an effort to help boost housing affordability. |
| 1:45.5 | Trump stated in the order that his administration will take decisive action to stop Wall Street |
| 1:50.8 | from treating America's neighborhoods like a trading floor and empower American families to own their homes. |
| 1:58.1 | The order also prevents the agencies from unloading federally owned homes |
| 2:02.3 | to large institutional investors. Amazon is planning to open its largest ever retail store |
... |
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