Monday, June 10, 2013

3 g Capital and Berkshire buying Heinz finish

American's acquisition of Heinz by Warren Buffett's Berkshire Hathaway, and 3 g Capital was completed on Friday, said the manufacturer of condiments. Bernardo Hees, a former President of Burger King, assumes command of the company immediately.
Heinz shareholders will receive $ 72,50 promised by paper, in cash. The capital of the company will be closed and your listing on Nyse, New York Stock Exchange, will be canceled.
The American still reported that Paul Basilio, one of 3 g Capital Partners, Jorge Paulo Lemann, Marcel Telles and Carlos Alberto Sicupira, is the new Chief Financial Officer of the company.
"It's an honor to become the seventh President of the renowned history of 144 years of Heinz", commented in a note, the new Chief Executive, Hees. "I look forward to building on the company's existing platform and deliver quality products known all over the world."
William Johnson, who helped transform the company into a global giant, leaves his post as Chief Executive and the Board of directors after 31 years.
Valor Econômico - 07/06/2013
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