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3G and Buffett's Berkshire behind what could be the largest US purchase of a foreign company

  • Safi Bello
  • Feb 17, 2017
  • 1 min read

CNBC ----- Kraft Heinz's proposed merger with Unilever marks another consolidation effort in the food industry by Warren Buffet's Berkshire Hathaway and Brazilian private-equity firm 3G Capital. A more than $140 billion tie-up between Unilever and Kraft Heinz would be the biggest U.S. acquisition of a foreign company and the largest in the consumer staples sector, said Richard Peterson, senior director at S&P Global Market Intelligence. From a global perspective, the proposed deal would be the third largest on record without considering the value of corporate investments, he said. For more on 3G and Buffett's Berkshire behind what could be the largest US purchase of a foreign company click on the picture below to read the article.

3G and Buffett's Berkshire behind what could be the largest US purchase of a foreign company - Read More from CNBC

 
 
 

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