Heinz to be acquired by Berkshire and 3G for $28B, CNBC reports

RELATED QUOTES

SymbolPriceChange
HNZ72.450.03
BRK-A169,200.00-200.00
BRK-B113.00-0.02

Berkshire Hathaway (BRK.A, BRK.B) and private equity firm 3G Capital Partners are set to acquire Heinz (HNZ) for $28B or $72.50 per share, CNBC's Andrew Ross Sorkin reports. The deal price represents a 20% premium for Heinz when compared to yesterday's closing price. Heinz shares are up 20%, or $12.07, to $72.55 in pre-market trading following CNBC's report.

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