Billionaire Warren Buffett's investment powerhouse Berkshire Hathaway and Brazilian-led 3G Capital announced Thursday they would take over venerable US ketchup maker Heinz in a deal worth $28 billion.
A hamper of Heinz products presented to Britain's Queen Elizabeth II and Prince Philip pictured during their visit to the Heinz food factory in Wigan, northern England, on May 21, 2009. Warren Buffett's investment powerhouse Berkshire Hathaway and 3G Capital announced Thursday that they would take over venerable US ketchup maker Heinz in a deal valuing the company at $28 billion.
The buyers heralded 144-year-old HJ Heinz Co's strong, global portfolio of prepared food brands, which Buffett called "great tasting" products.
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