- Kraft Heinz Co KHC has priced the previously announced public offering of 30.5 million shares of common stock by certain affiliates of 3G Global Food Holdings LP.
- Kraft Heinz will not receive any proceeds from the Offering. Gross proceeds from the offering are expected to be approximately $1.1 billion.
- The offering is expected to close on November 22, 2021, subject to customary closing conditions.
- BofA Securities is acting as the sole underwriter for the Offering.
- Price Action: Kraft Heinz shares closed lower by 3.25% at $35.37 on Thursday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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