Hidden among Kraft Heinz Co.’s brightly colored assets exists an unusual source of value: an over-funded pension plan.

Hidden among Kraft Heinz Co.’s brightly colored assets exists an unusual source of value: an over-funded pension plan.

Kraft Heinz is eliminating some benefits and will offer medical and prescription coverage through the individual marketplace for retirees age 65 and older.

The top 10 pension fund holders of Kraft Foods Group stock made nearly $250 million Wednesday morning (on paper) after the announcement the firm would merge with H.J. Heinz Co.

The fund owned 14,551 shares of the company’s stock after buying an additional 4,714 shares during the period. Public Sector Pension Investment Board’s holdings in Kraft Heinz were […] ...