Kraft Heinz (KHC) Prices $1.1B Secondary Stock Offering
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Kraft Heinz (KHC) Stock Falls 2% a Larger Holder 3G to Unload 30.6 Million Shares in Secondary Offering
November 17, 2021 5:47 PM ESTThe Kraft Heinz Company (Nasdaq: KHC) shares fell 2% after-hours Wednesday after the announced it will offer 30,596,465 shares of its common stock in a secondary offering for a selling shareholder, where BofA Securities is acting as the sole underwriter.
The selling shareholder was... More
Kraft Heinz (KHC) Announces Up to 30.6M Share Secondary Offering
November 17, 2021 4:06 PM ESTThe Kraft Heinz Company (Nasdaq: KHC) today announced a secondary offering of shares of its common stock (the Offering). In the Offering, which is subject to market and other conditions, certain affiliates of 3G Global Food Holdings LP (the Selling Stockholder) intend to offer 30,596,465 shares of common stock (Common Stock) for sale. The Company will not receive any proceeds from the Offering.
BofA Securities is acting as the sole... More
