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Kraft And Heinz To Merge, Form 3rd-Largest Food & Beverage Company In North America
Wednesday, March 25, 2015 - 8:04am | 475Read More...H.J. Heinz Company and Kraft Foods Group Inc (NASDAQ: KRFT) announced on Wednesday that they have entered into a definitive merger agreement to create a new entity called The Kraft Heinz Company. The Kraft Heinz Company will become the third-largest food and beverage company in North America...
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Piper Jaffray Says It's Time To Buy Restaurant Brands
Tuesday, March 24, 2015 - 10:22am | 224Read More...In a report published Monday, Piper Jaffray analyst Nicole Miller Regan stated that shares of Restaurant Brands International Inc (NYSE: QSR) is a "top pick" with a potential 50 percent upside to share prices in less than five years. According to Regan, deploying the Burger King culture is crucial...
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Morningstar Analyst Says 3G Capital Takeover Of Campbell Is 'Less Likely'
Wednesday, January 7, 2015 - 1:28pm | 186Read More...When asked about a rumored interest from 3G Capital in acquiring Campbell Soup Company (NYSE: CPB), Morningstar analyst Erin Lash told Benzinga that the firm has been mentioned “several times” as a potential takeover target. The Wall Street Journal published an article saying that...
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Argus Research Analyst: 3G Capital Could Do A Lot With PepsiCo, Campbell
Wednesday, January 7, 2015 - 12:54pm | 135Read More...Speaking to Benzinga, Argus Research analyst John Staszak said that there is a lot Brazil-based 3G Capital could do with PepsiCo, Inc. (NYSE: PEP). The Wall Street Journal has reported that 3G Capital is considering acquiring food and beverage companies, including PepsiCo. Staszak pointed out...
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Sanford Bernstein Analyst On PepsiCo Rumor: 'This Is Not New Thinking About 3G's Strategy'
Wednesday, January 7, 2015 - 12:35pm | 142Read More...Speaking to Benzinga, Sanford Bernstein analyst Ali Dibadj said that a rumor coming from The Wall Street Journal that 3G Capital Partners is interested in acquiring food and beverage companies including PepsiCo, Inc. (NYSE: PEP) is not new thinking about 3G’s strategy. “They...
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What You Need to Know About The Burger King/Tim Hortons Deal
Tuesday, August 26, 2014 - 10:09am | 547Read More...Fast food giant Burger King (NYSE: BKW) is going shopping north of the border, buying Tim Hortons (NYSE: THI), Canada's most popular coffee and doughnut chain. If the merger closes it will Tim Hortons' second combination with an American fast food icon; it was at one time owned by Wendy...
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Burger King Offers Whopper Pay Day To Investors Monday
Monday, August 25, 2014 - 3:39pm | 151Read More...Burger King Worldwide (NYSE: BKW) offered investor Bill Ackman a $300 million payday Monday after it confirmed it's in merger talks with Tim Hortons (NYSE: THI). Burger King traded recently up more than 20 percent at $32.65 a share, making Ackman's Pershing Square stake worth $1.33 billion, up...
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Burger King Delivers Innovative Menus While Lowering Costs
Friday, November 1, 2013 - 12:35pm | 519Read More...Shares of Burger King (NYSE: BKW) has recently been outperforming McDonald’s (NYSE: MCD). Shares jumped after its quarterly profits shoot up from $6.6 million from the same period last year to $68.2 million. This is mostly due to Burger King’s recent cuts in costs and rising in sales,...
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Berkshire Hathaway and 3G Capital to Buy Heinz at $72.50 a Share
Thursday, February 14, 2013 - 9:35am | 464Read More...Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) and 3G Capital are set to become the proud new owner of H.J. Heinz Company (NYSE: HNZ), the multinational conglomerate responsible for manufacturing some of the world's most popular brands of food. Berkshire will acquire the firm at a premium cash...
