Fast forward toand 3G Capital and Berkshire Hathaway made another transformative merger in the food industry. We approached Heinz to explore how we might work together to expand the value of this storied brand.
Over burgers at the Hilton in his hometown, Omaha, Mr. The talks concluded in the wee hours of Thursday morning.
News of the cuts came up with other reports indicating a newfound stinginess—perhaps a result of that zero-based budgeting. With that said, 3G is quick to shut down experiments that have a poor long-term outlook. Buffett served as confirmation that deal-making spirits have revived in corporate America.
The deal is an unusual one for Buffett since he is partnering with 3G, a Brazilian private equity firm that owns a majority stake in Burger King.