Tuesday, 3 March 2015

Another thing on SAB Miller.

I think I talked a bit about 3G and Warren Buffett on Monday on Tip TV, and how the sage of Omaha's comments about working with the Brazilian billionaires again had triggered another round of SAB Miller takeover speculation.

Well, now it looks like Bloomberg is getting on top of the story although the financial media behemoth is suggesting Kellogg is likely to be the next take-over target for the 3G and Buffett. Here is a link to the Bloomberg piece: http://www.bloomberg.com/news/articles/2015-03-03/buffett-s-plan-for-more-deals-with-3g-sparks-kellogg-talk?hootPostID=60721f7a20bdb2a0779fe6e827fc15fe

Bloomberg's piece comes after Wall Street Journal reported backed in January that 3G is eyeing a fresh mega deal, suggesting Campbell Soup and PepsiCo are the companies the investment firm is keen on.

However, neither Bloomberg nor the venerable Wall Street Journal mention SAB Miller as a potential target for 3G and Buffett. Funny that...

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