China approves Heinz takeover by Berkshire Hathaway, 3G Capital
date:May 27, 2013
r regulatory approvals in Russia, New Zealand and Ireland. However, the approvals are pending from the European Union and Russia.

In February, an investment consortium comprised of Berkshire Hathaway and 3G Capital has entered into an agreement to acquire American food company HJ Heinz for $28bn, including the assumption of outstanding debt. The agreement was approved by Heinz shareholders on 30 April.

Following the completion of the transaction, Heinz shareholders will receive $72.50 in cash
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