Thursday, May 26, 2016

#1:Is Warren Buffett Behind This Cereal Maker's Takeover Speculation? -- The Motley Fool

#1:affordable insuraance - #1:Is Warren Buffett Behind This Cereal Maker's Takeover Speculation? -- The Motley Fool


If analyst speculation is true that Brazilian hedge fund 3G Capital may be interested in using its position in Kraft Heinz (NASDAQ:KHC) to engineer a merger with cereal maker General Mills (NYSE:GIS), it could be a sign that Warren Buffett hasn't satiateds his appetite for big consumer brands. A report from Citigroup
analyst David Driscoll that the private equity firm had its eye on the owner of Cheerios, Lucky Charms, and Betty Crocker caused a flurry of speculation about how it could achieve its goals. A story on Bloomberg suggested 3G could hike operating margins at the cereal maker as high as 25%, a near-8-percentage-point increase over their current 17% level, by initiating some of the same

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