Get the app today! Download iPhone App Download Android App

After $30 Billion Tumble, Buffett's Go-To Dealmaker Needs A Deal

Published on Feb 15 2018 4:15 PM in A-Brands tagged: Trending Posts / Warren Buffett / 3G Capital / Kraft Heinz

After $30 Billion Tumble, Buffett's Go-To Dealmaker Needs A Deal

The pressure is on billionaires Jorge Paulo Lemann and Warren Buffett to do another blockbuster deal to revive the fortunes of their food giant, Kraft Heinz.

But this time, finding one might not come cheap, or easy.

Since Kraft’s attempt to acquire Unilever fell apart a year ago, lacklustre growth across the industry has led to a flurry of acquisitions among its rivals. That may make it harder for Lemann’s 3G Capital to do what it does best: use Buffett’s deep pockets to buy growth, cut costs and improve profit margins.

please subscribe or sign in to continue reading

image description

Try European Supermarket Magazine PREMIUM – 30 Day FREE Trial.

A trial subscription gives unrestricted access to all premium site content, app content, weekly email content and European Supermarket Magazine digital edition for a full 30 days. Try it now!

Share on Facebook Share on Twitter Share on LinkedIn Share on Tumblr Share via Email