3XSQ: Berkshire Hathaway, 3G Capital to buy Heinz for $23bln
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Published on Feb 14, 2013
Feb 14 - Warren Buffett's Berkshire Hathaway and 3G Capital will buy H.J. Heinz for $72.50 a share, or $23.2 billion in cash but totaling $28 billion including debt.
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All Comments (3)
123japanuser 2 months ago
Saint Warren is making sure Heinz debt gets reduced to junk for the first time in 137 years.
He earns around 9 % on his preferential allotment.
The debt equity ratio will be around 5 from 2.5 and CDS on Heinz bond have soared.
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ObowMao666 3 months ago
Stock up on Heinz now before Buffet ruins it all by cheapening the prods. like he always does. He is one cheap S.O.B.!
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