No. of Recommendations: 1
I get about $11.44/B-share for the partially owned businesses as of 10.30/24, as follows:
KHC: 325,634,818 shares @ $35.11/share = $12.837B
Deferred tax on capital gains = $0
OXY: 255,281,52 shares @ $51.54/share = $12.157B, minus deferred tax on unrealized capital
Estimated cost basis, per whalewisdom.com, = $50.3968/share
At 21% tax rate, deferred tax = $0.332B
Total value of OXY shares after deferred taxes = $11.825B.
OXY warrants and preferred stock of $10B are included in "investments in equity securities."
Total value of KHC plus OXY holdings, not including warrants and preferred stock, = $24.66B, or $11.44/B-share
