A Buffett-Less Kraft Heinz (KHC) May Become More Hostile

While Warren Buffett's retirement from Kraft Heinz's (NASDAQ: KHC) board, without a Berkshire replacement, is viewed as somewhat negative for Kraft Heinz, the general consensus is it will allow 3G-controlled Kraft Heinz to be more hostile on deals. This could lead to more speculation this week among potential Kraft Heinz targets.

Some recent companies mentioned as potential Kraft Heinz targets:

• PepsiCo (NASDAQ: PEP)
• Estee Lauder (NYSE: EL)
• General Mills (NYSE: GIS)
• Colgate-Palmolive (NYSE: CL)
• Mondelez (NASDAQ: MDLZ)
• Danone

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