Filed under: Company News, Earnings, Market News, Mergers & Acquisitions, Food & Beverage
By Olivia Oran and Martinne Geller
At the heart of the $23 billion buyout of iconic American company H.J. Heinz Co (HNZ) is a low profile Brazilian group founded by a banker-turned-beer magnate.
3G Capital, which teamed up with Warren Buffett's Berkshire Hathaway Inc (BRK-A, BRK-B) for the deal, has aggressively eyed U.S. consumer companies over the last several years.
The group's founder, billionaire Jorge Paulo Lemann, orchestrated the biggest cash takeover ever when Belgian-Brazilian...
Midday Market Minute: Food Industry News Galore (Kraft, Burger King, More) Reported by DailyFinance 4 hours ago.
By Olivia Oran and Martinne Geller
At the heart of the $23 billion buyout of iconic American company H.J. Heinz Co (HNZ) is a low profile Brazilian group founded by a banker-turned-beer magnate.
3G Capital, which teamed up with Warren Buffett's Berkshire Hathaway Inc (BRK-A, BRK-B) for the deal, has aggressively eyed U.S. consumer companies over the last several years.
The group's founder, billionaire Jorge Paulo Lemann, orchestrated the biggest cash takeover ever when Belgian-Brazilian...
Midday Market Minute: Food Industry News Galore (Kraft, Burger King, More) Reported by DailyFinance 4 hours ago.