Berkshire prepares to exit 28% stake in Kraft Heinz as new CEO aims to move on from rare Buffett gaffe

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Berkshire Hathaway is preparing to exit its 28% stake in Kraft Heinz, a move that suggests new CEO Greg Abel is willing to distance the company from a deal that has been a rare misstep for Warren Buffett.

Market Impact

Market impact analysis based on bearish sentiment with 80% confidence.

Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

The move underscores Greg Abel's willingness to look past a deal that has long stood out as a rare blemish in Buffett's otherwise storied record.

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Original article published by CNBC on January 21, 2026.
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