Subject: Re: KHC
Why would KHC want to sell Heinz? Heinz is their star brand with a wide and deep moat. And BH would not pay a premium for it or get into an auction for it.

3G made a big mistake buying a Kraft at a high price and destroyed a lot of value. I won’t be surprised if they sell off a few low growth brands and keep Heinz and the higher growth brands. That’s what most companies doing asset sales and spinoffs do.