Warren Buffett’s Berkshire Hathaway and the private equity firm 3G Capital are set to buy ketchup giant H.J. Heinz for a USD 23.2 billion, according to Reuters.
That makes it the deal of the week by a long shot. The news came out on Thursday. This is not the first time 3G Capital has been in the news in the past year. We noted their involvement in a Burger King buyout, and Reuters has several other deals the firm was involved in, including some background on the principle partners in 3G.