The news that the fund 3G Capital, which has the entrepreneur Jorge Paulo Lemann among its founders, decided to get rid of 2.5% of the capital of Kraft Heinz brought down the shares of the food giant in the American market.
The company’s shares fell 3.25%, to US$ 35.37 (R$ 196.17), this Thursday (18th).
The day before, Kraft Heinz had 1.8% drop in post-market trading after the announcement of the sale, released by Bloomberg agency.
The offering of 30.6 million shares represents an approximate value of US$ 1.1 billion (R$ 6.1 billion), based on the closing price of this Wednesday (17th).
The shares will be offered for between $36 and $36.56 each, according to a person familiar with the matter heard by Bloomberg. These prices were estimated before the market opened on Thursday.
Kraft Heinz shares have been sideways since raising its full-year adjusted Ebitda forecast on Oct. 27 amid headwinds caused by high inflation in the United States.
The company raised the prices of more than half of its products in the United States, its main market.
The transfer of prices was attributed to the breakdown of supply chains during the pandemic, which raised the prices of various inputs, according to statements by the company’s board.
In 2019, 3G Capital sold 25 million shares of Kraft shares, in an operation that, at the time, had a turnover of US$ 712.95 million (R$ 3.9 billion), according to Reuters.
On the occasion, Lemann, co-founder of 3G and a member of the board of Kraft Heinz, revealed that he had purchased, separately, 3.5 million shares of the company for around US$ 100 million (R$ 555 million).
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