Warren Buffett touted the chance to bring “iconic brands together” in 2015 when he backed the creation of Kraft Heinz Co. The ...

Key Points Kraft Heinz (NASDAQ: KHC) is reportedly preparing to split into two or possibly three businesses, separating ...

Kraft Heinz is trying anew to squeeze value out of its disastrous deal. As part of a strategic review unveiled in May, the ...

The legendary Warren Buffett has had a free pass on Wall Street for decades. Investors have put so much faith in him that ...

Kraft Heinz is poised to break itself up, acknowledging what investors have known for years: Their merger was a dud. The 2015 ...

The acquisition of Heinz and Kraft by 3G Capital and Warren Buffett seemed like a classic play from the world’s most famous ...

Three-quarters of the way through 2019, Warren Buffett’s conglomerate Berkshire Hathaway is trailing the renowned investor’s favorite benchmark, ... Kraft Heinz write-down.

Billionaire investor Warren Buffett said on Monday that he paid too much for the junk food conglomerate, which sells Heinz ketchup and Kraft Mac & Cheese and is facing a probe of its accounting.

But Warren Buffett's Berkshire Hathaway (NYSE: BRK.A) (NYSE: ... Berkshire and 3G Capital own a combined 42% of Kraft Heinz. Buffett has been friends with 3G founder Jorge Paulo Lemann for many years.

Kraft Heinz stock is a core holding of Buffett's portfolio; Berkshire's stake in the food manufacturer once exceeded 40%, but it declined to around 34.5% this year. What would Buffett see in Kraft ...

Warren Buffett’s Berkshire Hathaway Inc and 3G together own close to 50 percent of Kraft Heinz. Berkshire Hathaway did not immediately response to requests for comment.

Warren Buffett told CNBC on Monday that Berkshire Hathaway paid too much for Kraft, noting he might have misjudged certain aspects about the company. "I was wrong in a couple of ways about Kraft ...