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US: Heinz bought by Warren Buffet, deal worth $28B

By  |  February 14, 2013

Warren Buffet’s holding company Berkshire Hathaway and Brazilian investment firm 3G Capital are reportedly set to acquire H.J. Heinz for $23 billion, plus debt. In an interview, Buffett said that the ketchup giant would be “3G’s baby.” Reports say the first offer for the deal was made last month and recently confirmed by Heinz. Shares for Heinz jumped more than 20 percent following news of the deal.

 

Full Content: CNBC

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