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Search resuls for: "Alexandre Behring"


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They had continued to be an investor and were treated as we do any investor," Kraft Heinz said in a statement to CNBC. "We did learn from their recent filing that 3G exited the Kraft Heinz stock entirely in 2023." Brazilian private equity firm 3G Capital quietly sold off its 16.1% stake in Kraft Heinz in the fourth quarter, nearly nine years after masterminding the blockbuster merger of Kraft Foods and Heinz with Warren Buffett. Kraft Heinz sought to drive inorganic growth through a takeover bid for Unilever, but the Popsicle owner rejected its offer. In 2022, it distributed about 7% of Kraft Heinz to investors in its fund, which reportedly included tennis star Roger Federer.
Persons: Kraft Heinz, Warren Buffett, 3G's, Heinz, Buffett, Jorge Paulo Lemann, Alexandre Behring, Joao Castro, Neves, Roger Federer, Carlos Abrams, Rivera, he's Organizations: 3G, CNBC, Kraft, 3G Capital, Kraft Foods, Heinz, Busch InBev, Burger King, Big, Unilever, Securities and Exchange, Berkshire, InBev, Planters Locations: Berkshire, Lactalis
Its share price surged from $12 in 2010, when he took over as CEO, to $271 when he left in 2018. RBI's share price closed at $59.74 on Tuesday, roughly flat from where it was five years ago. Behring and Schwartz are co-managing partners of 3G Capital Partners Ltd, which owns 29% of RBI's shares. Doyle agreed to buy 500,000 shares worth about $30 million and to hold them for five years, subject to regulatory approvals. He will also get 750,000 performance share units that pay out if he hits certain performance criteria.
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