Kraft Heinz (KHC) Stock Falls 2% a Larger Holder 3G to Unload 30.6 Million Shares in Secondary Offering
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Kraft Heinz (KHC) Prices $1.1B Secondary Stock Offering
November 18, 2021 5:01 PM ESTThe Kraft Heinz Company (Nasdaq: KHC) today announced the pricing of the previously announced underwritten registered public offering (the Offering) by certain affiliates of 3G Global Food Holdings LP of 30,596,465 shares of Kraft Heinz common stock (the Common Stock) pursuant to Kraft Heinzs shelf registration statement filed with the Securities and Exchange Commission (the SEC). Gross proceeds from the Offering of Common Stock are approximately $1.1 billion. The Company will not receive any proceeds from the... 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
