Wednesday, March 25, 2015

3G 'IN TALKS' TO BUY KRAFT

A Brazilian private equity firm is reportedly in talks to buy US food giant Kraft for more than $40bn.

3G already owns a series of major global food brands and has been linked to several more.

Kraft is one of America's biggest food companies, and owns several iconic US brands.

Danny Cox of stockbroker Hargreaves Lansdown says this would be a significant deal.

IN: "3G…
OUT: ...US economy."
DUR: 26 seconds