Tuesday’s deal would see Unliver “sharpening” into a $45 billion “pure play” in global beauty, wellness, and personal and home care.
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Warren Buffett may be on the way out, but his word still has weight; shares of Kraft Heinz fell 7% Tuesday.
Berkshire’s stock has slipped more than 13% since Buffett announced in May that he would step down at the end of the year.