
Category winner: H J Heinz M&A
The case |
Who – the protagonistsJorge Paulo Lemann and Warren Buffet of investment companies 3G and Berkshire Hathaway. What?![]() Jorge and Warren had been friends for years. Jorge was co-founder and partner of 3G Capital, whose expertise was in the retail and consumer sector. Warren founded Berkshire Hathaway in 1955 and currently ranks number three on the Forbes Rich List. Why?Jorge approached Warren with the possibility of acquiring the famous brand H.J. Heinz. After negotiating the purchase price, Heinz agreed to continue negotiating, but was this really a fair deal? What could be the future consequences for shareholders, management, employees and citizens of Pittsburgh, where Heinz had long been headquartered? When?It was December 2012 when Jorge approached Warren with his proposal. On 30 March 2013 Heinz announced that shareholders had approved the acquisition.
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H J Heinz M&A |
The authors |
David Stowell and Nicholas KawarDavid discusses what makes a good Finance case and the advantages of using published sources. Interesting aspect
The perfect Finance caseHe added: “The key to producing a good Finance case is creating an interesting cast of protagonists and questions that require both analytical effort and interesting social questions.”
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