Buffett May Sell Berkshire’s $8.9B Kraft Heinz Stake After Disputed Split
Warren Buffett criticizes the Kraft Heinz split plan that divides the company into two halves without a shareholder vote. Berkshire Hathaway holds a 27.5% stake in Kraft Heinz, now valued at $8.9 billion. Buffett deems the $300 million split cost excessive and doubts it will fix underperformance. The Oracle of Omaha warned that Berkshire may sell its stake if the split does not serve shareholder interests. He insists any large stake purchase offer must extend equally to all shareholders. Since the 2015 merger, Kraft Heinz shares have fallen 69%, leading to $6.8 billion in write-downs of Berkshire’s investment. A Berkshire divestment could exacerbate market moves, as it would require public filing and might trigger investor sell-offs. The saga underscores pressure on Kraft Heinz management amid executive resignations and strategic doubts, while highlighting Berkshire Hathaway’s emphasis on stable investments.
Neutral
This news focuses on a traditional equity event—Berkshire’s potential sale of its Kraft Heinz stake—without direct ties to cryptocurrencies. While large institutional divestments can influence overall market risk sentiment, similar past equity sell-offs have shown little direct impact on cryptocurrency prices. In the short term, traders may monitor risk appetite, but long-term crypto fundamentals remain unaffected, justifying a neutral outlook.