Kraft Foods Group Inc. and H.J. Heinz Co. have agreed to merge
in a move to create the fifth largest food and beverage company in
the world.
The combined company, which will be called The Kraft Heinz Co.,
will have revenue of $28 billion.
Warren Buffett's Berkshire Hathaway and private-equity firm 3G
Capital will invest $10 billion in the new company.
Write to Chelsey Dulaney at Chelsey.Dulaney@wsj.com
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