Warren Buffett's Berkshire Hathaway is a big investor in several companies in this industry. Here's one under-the-radar company that's worth noting.
As we know, Heinz and Kraft are merging. Warren Buffett's Berkshire Hathaway and Brazilian private equity firm 3G Capital are behind the merger, which is likely to be one of the biggest M&A deals of the year. So it's kind of awkwardShow More Summary
Charlie Munger, the vice chairman of Berkshire Hathaway and Warren Buffett's right hand man, is not a fan of derivatives. Speaking at the annual meeting of Daily Journal Corporation, a newspaper publisher at which Munger serves as chairman, Munger said, " What do you think a derivatives trading desk is? It’s a casino in drag. Show More Summary
Less than two years in, Berkshire Hathaway's investment in H.J. Heinz has already been very successful.
Kraft Foods Group said it would merge with ketchup maker H.J. Heinz Co, owned by 3G Capital and Warren Buffett's Berkshire Hathaway, to form the third-largest food and beverage company in North America. The combined publicly traded company, which will be called Kraft Heinz, will have eight brands worth over $1 billion each.
Warren Buffett’s Berkshire Hathaway company is a major player in a just-announced merger between Heinz and Kraft that will result in one of the world’s largest food corporations. Berkshire Hathaway and Brazilian investment firm 3G Capital, which already owned Heinz together, will own 51 percent of the new company. Show More Summary
Headlines this morning are dominated by news that H.J. Heinz, which was taken private back in June 2013 by a consortium led by Warren Buffett’s Berkshire Hathaway, is acquiring fellow foods and condiments company Kraft Foods (KRFT). The deal has sent Kraft shares on a rampage. At $81.26, the stock has surged 32.5% in recent [...]
"Our lines are out." In his latest annual letter to shareholders, Berkshire Hathaway CEO Warren Buffett wrote these four words when addressing potential acquisition plans for the company. And on Wednesday, Buffett made good on this statement as H.J. Show More Summary
A Boston-based hedge fund called Adage Capital is a big winner in the Kraft/Heinz mega merger making $50 million over night. On Wednesday morning, Warren Buffett's Berkshire Hathaway and Brazilian private equity firm 3G Capital said H.J. Show More Summary
Berkshire Hathaway set to own over a quarter of merged food behemoth.
3G Capital, the private-equity firm founded by Brazilian billionaire Jorge Paulo Lemann, agreed to acquire Kraft Foods Group (KRFT) in partnership with Warren Buffett’s Berkshire Hathaway and merge it with H.J. Heinz. Kraft shares are up 35% on the news. – Wall Street Journal Investing guru Warren Buffett is making over $4 million on his [...]
Kraft and Heinz are coming together in a massive merger that will create the 5th largest food company in the world. There are two investment firms behind it, Berkshire Hathaway and 3G. Of course you know that Berkshire is helmed by legendary investor Warren Buffett, but 3G you may not be familiar with. Show More Summary
Gene J. Puskar/AP By Sruthi Ramakrishnan Kraft Foods, the maker of Velveeta cheese, will merge with ketchup maker H.J. Heinz Co., owned by 3G Capital and Warren Buffett's Berkshire Hathaway (BRK-A)(BRK-B), to form North America's third-largest...Show More Summary
Warren Buffett's Berkshire Hathaway and the company that owns Heinz, Brazilian investment firm 3G Capital, are behind the deal.
"This is my kind of transaction," Warren Buffett said. That's what the CEO of Berkshire Hathaway said after he and private equity firm 3G Capital announced that they would be merging its H.J. Heinz business and with publicly-traded Kraft...Show More Summary
NEW YORK (AP) — H.J. Heinz Co. is buying Kraft Foods, creating one of the largest food and beverage companies in the world with annual revenue in excess of $28 billion. The deal was engineered by Warren Buffett's Berkshire Hathaway and the company that owns Heinz, Brazilian investment firm 3G Capital. Show More Summary
The deal was engineered by Heinz’s owner, the Brazilian investment firm 3G Capital, and the billionaire investor Warren Buffett’s company, Berkshire Hathaway.
DeAnn Golden, senior vice president and managing broker with Berkshire Hathaway HomeServices Georgia Properties, was nervous. One day early last year, Golden's boss called her into his office and told her that the firm was closing an 11,000-square-foot office, which served approximately 50 agents on the outskirts of Atlanta...
www.louis.eu There are certain people indelibly associated with American business, and Warren Buffett is one of them. The star financier has built his investment vehicle, Berkshire Hathaway (BRK-A) (BRK-B), into one of the planet's largest...Show More Summary
LAS VEGAS — After an expansive 2014, Warren Buffett’s new national real estate franchise, Berkshire Hathaway HomeServices, will employ coaching to help the brand mature and grow. The brand’s new leader, Gino Blefari outlined the brand’s targets for the year at...