Warren Buffet
Warren buffett: Warren Buffet, the owner of Berkshire Hathway, called the world’s largest investor, has suffered a strong loss. His company has suffered a huge loss of Rs 31,600 crore on investment in Sauce -making company Kraft Heinz.
The company of Warren Buffett has invested in the American Food Beverages Company, where they know to suffer losses. The company itself has given this information. The company’s profits have decreased in the second quarter this year, in which the loss in Kraft Hanz’s shares also caused a loss of about 32 thousand crores. Berkshire Hathaway’s investment in this company has been continuously decreasing in the last 2 years. Berkshire has shown its stake to $ 8.4 billion at Craft Hanz at the end of the June quarter.
The company is constantly paying losses
Warren Buffett has an investment in companies. She remains almost in profit. But craft Hanz is in constant losses. In 2015, after the merger of Craft and Hanz, the company was listed in the market. His shares have fallen drastically. Where the US Index S&P has rose by about 202 percent. At the same time, the stock of the company made of craft and Hanz’s merger has fallen by 62 percent so far.
Stake in company
Berkshire Hathaway holds more than 27% stake in the Craft Hange Company. In 2015, Berkshire played an important role in the merger of Craft Hez. This company is a veteran company of Beverages Market. But, now people’s food habits are changing, and they are moving towards healthy foods and private brands, causing damage to the craft Hez. Earlier this year, representatives of Berkshire resigned from the board of Craft Hanz. Now the company is considering separating some of its brands.