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How did Buffett get burnt in Kraft Heinz deal?

How did Buffett get burnt in Kraft Heinz deal?

FromFT News in Focus


How did Buffett get burnt in Kraft Heinz deal?

FromFT News in Focus

ratings:
Length:
8 minutes
Released:
Feb 25, 2019
Format:
Podcast episode

Description

Kraft Heinz was created by 3G Capital in a Warren Buffett-backed 2015 megamerger of Kraft and Heinz. Now the food group’s shares have crashed and Mr Buffett has admitted that he overpaid. Katie Martin discusses what went wrong with James Fontanella-Khan and Sujeet Indap.Contributors: Suzanne Blumsom, executive editor, Katie Martin, capital markets editor, James Fontanella-Khan, US corporate finance and deals editor and Sujeet Indap, Lex columnist. Producer: Fiona Symon For information regarding your data privacy, visit acast.com/privacy
Released:
Feb 25, 2019
Format:
Podcast episode

Titles in the series (100)

News features and analysis from Financial Times reporters around the world. FT News in Focus is produced by Fiona Symon.