"3G Capital's Quiet Exit: The End of its Kraft Heinz Investment"

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Source: CNBC
"3G Capital's Quiet Exit: The End of its Kraft Heinz Investment"
Photo: CNBC
TL;DR Summary

Brazilian private equity firm 3G Capital quietly sold off its 16.1% stake in Kraft Heinz in the fourth quarter, ending its nearly nine-year influence over the company. The firm's cost-cutting approach initially pleased investors, but Kraft Heinz faced challenges in the packaged food business, leading to a downward spiral. 3G's departure from the company follows a series of board member exits and stake trims since 2018, marking the end of an era for the firm's involvement with Kraft Heinz.

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