OMAHA, Neb. (AP) — Warren Buffett’s successor appears to be considering his first significant move after taking over as CEO this month. Kraft Heinz warned investors Tuesday that Berkshire Hathaway may be interested in selling its 325 million shares in the name brand food giant that Buffett helped create back in 2015. Buffett and the Brazilian investment firm 3G Capital orchestrated the merger of Kraft and Heinz back then because they already owned Heinz and believed in the power of their brands. Now Greg Abel may be plotting a different course. CFRA Research analyst Cathy Seifert wonders if this could be just the beginning of a comprehensive review of Berkshire’s holdings that could lead to additional sales.
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