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.
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