05-03-2013, 09:25 AM
Berkshire on the hunt for more Heinz-like deals: Buffet
CHARLOTTE (North Carolina) — Berkshire Hathaway is on the hunt for more deals similar to its planned purchase of HJ Heinz, Chief Executive Warren Buffett said in an interview yesterday.
Berkshire likes the ketchup maker’s business, the deal’s US$23 billion (S$29 billion) price and its partner in the transaction, private equity firm 3G Capital, Mr Buffett said. “We hope to own Heinz 100 years from now. If you own great brands and you take care of them, they’re terrific assets,” he said.
http://www.todayonline.com/business/berk...als-buffet
CHARLOTTE (North Carolina) — Berkshire Hathaway is on the hunt for more deals similar to its planned purchase of HJ Heinz, Chief Executive Warren Buffett said in an interview yesterday.
Berkshire likes the ketchup maker’s business, the deal’s US$23 billion (S$29 billion) price and its partner in the transaction, private equity firm 3G Capital, Mr Buffett said. “We hope to own Heinz 100 years from now. If you own great brands and you take care of them, they’re terrific assets,” he said.
http://www.todayonline.com/business/berk...als-buffet
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