Article Date 10/08/2018
Source CNBC News
The second-largest Kraft Heinz shareholder sold some of its position in the food company.
3G Capital sold 20.6 million shares in
Kraft Heinz Tuesday at a price of $59.85 per share, bringing its stake
down 7 percent to 270.1 million shares, according to a securities filing.
The private equity firm is the company's second largest shareholder after Warren Buffett's Berkshire Hathaway. After the sale, 3G Capital still has a 22 percent ownership of Kraft Heinz.
Kraft Heinz shares closed down 1.7 percent Wednesday.