A mysterious beer baron.
No more mini fridges.
[credit provider=”Wikimedia/David” url=”http://commons.wikimedia.org/wiki/File:Magellanic_penguin,_Valdes_Peninsula,_e.jpg”] How do you keep a $23 billion deal between international investors a secret?Code words, obviously?
[credit provider=”Heinz” url=”http://www.heinz.com/our-company/about-heinz/history.aspx”] This just in from Bloomberg: the SEC is suing some unidentified traders over suspicious trading activities before the Heinz deal Warren Buffett did this week (check out the complaint here).Yesterday, Warren Buffett teamed up with the richest man in Brazil, Jorge P. Lemann, to buy Heinz for […]
Yesterday Berkshire Hathaway disclosed that it would buy Heinz in a $28 billion deal, but they’re not doing it alone.
[credit provider=”YouTube” url=”http://www.youtube.com/watch?v=DkQcZYjVKek”] Everyone’s talking about the massive deal Warren Buffett did buying Heinz ketchup for $28 billion in cash, $72.50 a share.Thing is, Buffett’s not doing this alone. Berkshire Hathaway will own 50% of Heinz, and another company, 3G Investments will own the the rest.