TITLE

Beanz means mergers and acquisitions

AUTHOR(S)
Pendrous, Rick
PUB. DATE
March 2013
SOURCE
Food Manufacture;Mar2013, Vol. 88 Issue 3, p11
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses the biggest takeover that happened in the food industry of Great Britain as of 2013 which involved the sale of H. J. Heinz Co. to a consortium led by American investor Warren Buffet's Berkshire Hathaway Inc. and Brazilian private equity specialist Jorge Lemann's 3G Capital Management LLC. It notes that the deal is said to worth $28 billion (bn). The speculation for a sell-off of pharmaceuticals group GlaxoSmithKline (GSK) Lucozade and Ribena brands is also tackled.
ACCESSION #
85938774

 

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