Wednesday, 25 March 2015

Krafty 3G

I imagine SAB Miller's shares will be hit hard this morning as the Wall Street Journal revealed overnight that 3G, the fund managed by a group of Brazilian billionaires, is in talks to buy Kraft for more than $40 billion.

The newspaper claimed 3G is pursuing Kraft through Heinz, which it bought a couple of years ago, and is likely to merge both companies.

Here is a link the WSJ story:

1 comment:

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