Deal for Heinz would rank as largest food company takeover

Berkshire Hathaway has partnered with private equity firm 3G Capital to mount a $28bn offer

A $28bn offer for HJ Heinz, including debt, would rank as the largest ever takeover of a pure food producer, according to research firm Dealogic.

Warren Buffett's Berkshire Hathaway today partnered with private equity firm 3G Capital to mount the deal, worth about $23bn excluding acquired debt, in one of the largest deals in any industry since the 2008 financial crisis.

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