MERCADEO Versión en español
Heinz and Kraft Foods announced their merge
Manuela Walfenzao| 30 de marzo de 2015
H.J. Heinz and Kraft Foods closed a final agreement to merge both companies, with an agreement that will form the fifth food and beverage company in the world. Kraft Heinz Company will have incomes of approximately US$28 thousand million and will have its operation center between the two American cities, Pittsburgh and Chicago.It is estimated that the transaction is around US$40 thousand million. As part of the deal, Kraft stockholders will have 49% of the shares of the new company and the current Heinz shareholders will have 51% of the shares. This merge adds substantial value to Krafts stocks since they will receive shares from the combined company and a special divided box of US$ 16.50 per stock. The payment of a special total dividend of US$ 10 thousand million is being financed entirely by a special capital contribution of Berkshire Hathaway and 3G Capital.”Together we will have one of the most respected, acknowledged brands with an important history in the global food industry, and thus be able to create an even better future. This combination offers important economic benefits to our shareholders and the opportunity to be investors in a company that is well positioned for growth, specially outside the USA, since we carry the most iconic Kraft brands to the international market. We hope this union with Heinz becomes a new and exciting chapter”, said John Cahill, chairman and CEO at Kraft.
