3G Capital quietly exited its Kraft Heinz investment last year
Kraft Heinz(KHC) CNBC·2024-04-09 12:00
"3G has not been involved in the management of Kraft Heinz, nor have they been on the Board for several years. They had continued to be an investor and were treated as we do any investor," Kraft Heinz said in a statement to CNBC. "We did learn from their recent filing that 3G exited the Kraft Heinz stock entirely in 2023."The sale marks the end of an era for 3G. The firm's influence over Kraft Heinz had been dwindling in recent years as its number of board seats slipped from three to none by July 2022.Brazi ...