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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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  • 123japanuser

    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

    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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