Kraft Heinz is calling off its plans to merge with Unilever, just two days after confirming its interest in the company.  Kraft, which is backed by legendary investor Warren Buffett, confirmed that it had made an approach to take over Unilever after the Financial Times Alphavill blog had reported it earlier in the day. Unliever rejected the […]

Jorge Lemann is behind some of America’s most iconic consumer brands. The Brazilian billionaire’s investment company, 3G Capital, has invested in or backed takeovers of Kraft, Heinz, Burger King, Tim Hortons, Anheuser Busch and SAB Miller. Now, Kraft Heinz — which counts Lemann and Warren Buffett among its top shareholders — is pushing for a deal for Unilever.  […]

Ryan Henriksen/Reuters Jorge Lemann is behind some of America’s most iconic consumer brands. The Brazilian billionaire’s investment company, 3G Capital, has backed takeovers of Kraft, Heinz, Burger King, and Anheuser-Busch. And it isn’t likely finished. Kraft Heinz Co., which 3G put together in 2015 after first buying Heinz and then Kraft, could strike a huge deal next […]

Budweiser maker AnheuserBusch InBev wants to buy Miller maker SABMiller, in what could be one of the top six corporate takeovers in history. And one Brazilian billionaire is behind it all. Remember Jorge Lemann? He’s the head of private equity firm 3G Capital, which has done deals with Kraft, Heinz, and Burger King. In 1999, Lemann […]

Kraft Foods Group Heinz and Kraft have just announced a merger that will make the unified companies into the third-largest food and beverage company in North America, according to a press release. Kraft makes Velveeta cheese and Oscar Mayer meats while Heinz is known for its ketchup. The combined companies will generate about $ 28 billion […]