Krafty 3G
I imagine SAB Miller's shares will be hit hard this morning as the Wall Street Journal revealed overnight that 3G, the fund managed by a group of Brazilian billionaires, is in talks to buy Kraft for more than $40 billion.
The newspaper claimed 3G is pursuing Kraft through Heinz, which it bought a couple of years ago, and is likely to merge both companies.
Here is a link the WSJ story:..
Register
Register for free to see rest of this article and all public articles from Betaville
Login / RegisterDate: Wednesday, 25 March 2015, 2:08 pm