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Warren Buffett's company reported less than half as much profit in the second quarter as it took a $3.76 billion writedown on ...
Berkshire Hathaway's earnings can swing wildly from quarter to quarter because it has to record the current value of its ...
Berkshire Hathaway (BRK.A, BRK.B), the conglomerate run by legendary investor and soon-to-be-departing CEO Warren Buffett, on ...
Berkshire Hathaway has reported a $3.8 billion impairment on its stake in Kraft Heinz, marking a significant setback for the ...
Berkshire Hathaway reported a 4% drop in Q2 operating profit and a $3.8 billion Kraft Heinz writedown amid falling insurance ...
Warren Buffetts Berkshire Hathaway (NYSE:BRKa) reported a $3.76 billion write-down on its 27.4% stake in Kraft Heinz (NASDAQ:KHC) during Q2 2025, reflecting continued struggles at the food giant. The ...
People dressed as Kraft Heinz Co. ketchup and yellow mustard bottles stand for a photograph during a shareholders shopping day ahead of the Berkshire Hathaway annual meeting in 2018.
In May, when Kraft Heinz announced it was exploring a possible transaction, management said Buffett's Berkshire Hathaway (BRK.A) would no longer hold seats on Kraft Heinz's board.
The Sage of Omaha needs a good talking-to after Berkshire Hathaway and 3G Capital agreed to pay $72.50 a share, or $28bn including debt, for Heinz.
Berkshire, which owns roughly 27 per cent of Kraft Heinz, did not immediately respond to a request for comment. 3G exited its stake in Kraft Heinz in 2023, according to US regulatory filings.
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