Heinz, Kraft to merge as Buffett, 3G reinvest $10bn
US food giants Heinz and Kraft
New York - AFP
US food giants Heinz and Kraft will merge to become North America's third largest food and beverage company, the two firms said in a joint statement Wednesday.
Heinz's current shareholders will retain a 51 percent stake in the new Kraft Heinz Company, and Heinz's controlling shareholders, US billionaire Warren Buffet and 3G Capital of Brazil, will reinvest $10 billion dollars (9.13 billion euros) in the new group, the statement said.
- Thursday ,13 December GMT 22:53 2018 Indian Minister of Trade meets with UAE Ambassador, Chairman of Emaar Properties
- Thursday ,06 December GMT 13:41 2018 Tyre maker Continental opens lab to extract rubber from dandelions
- Friday ,30 November GMT 15:22 2018 Paper industry around famous Chinese lake to be shut down by 2019
GMT 22:53 2018 Thursday ,13 December
Indian Minister of Trade meets with UAE Ambassador, Chairman of Emaar PropertiesGMT 13:41 2018 Thursday ,06 December
Tyre maker Continental opens lab to extract rubber from dandelionsGMT 15:22 2018 Friday ,30 November
Paper industry around famous Chinese lake to be shut down by 2019GMT 11:13 2018 Sunday ,18 November
Electricx 2018 kicks off with participation of over 20 countriesGMT 14:17 2018 Thursday ,25 October
BP eyes entering several new Rosneft projectsGMT 12:08 2018 Saturday ,20 October
OPEC participants performed Vienna Agreement by 111%GMT 16:14 2018 Saturday ,06 October
Saudi Aramco IPO to go ahead by early 2021GMT 19:01 2018 Thursday ,04 October
LEAD S. Korean firms offer aid for quake-hit Indonesia
Economic conference on investment opportunities in Syria kicks off
Bucharest - SANA
With the participation of 120 representatives of Romanian companies, Chambers of Commerce and industry, An economic conference on “Reconstruction in Syria between the development of economic steadfastness and the opportunities ofRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launched from the Baikonur CosmodromeLiverpool, Manchester City seek neighbours' help in title chase
London - DPA
Liverpool and Manchester City will be looking for a little help from their not-so-friendly neighbours this weekend. The Premier League front-runners face each other's local rivals when City host Everton and Liverpool take on Manchester United. Liverpool jumped above City at theBlue light in smartphones linked to blindness and some cancers
Spain - DPA
Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
GMT 14:18 2018 Thursday ,15 November
Caspian Flotilla to be reinforced with aircraft, ships and marines
GMT 09:56 2017 Thursday ,04 May
‘Tufan 7’ exercise, graduation ceremony of Border Guard cadets
GMT 20:55 2011 Thursday ,12 May
Renault\'s unique Twizy available to reserve online
GMT 03:23 2017 Friday ,29 September
Mideast peace may not of a two state solution
GMT 19:01 2017 Tuesday ,25 July
Jordanian lady produces essential oils
GMT 11:15 2018 Saturday ,13 October
MythBusters’ Adam Savage steals the show at Tanween festival
GMT 13:19 2018 Thursday ,13 September
Putin awards Russian, Chinese and Mongolian servicemen at Vostok-2018 drills
GMT 09:54 2018 Friday ,19 January
US firms optimistic but labor shortages constrain growth
GMT 08:29 2018 Tuesday ,02 January
High-end hotels retain Omani staff longer
GMT 07:50 2017 Friday ,22 December
Ambassador of Kazakhstan pays farewell call on President
GMT 09:41 2017 Sunday ,12 November
Saudi Arabia backs Bahrain
GMT 02:16 2017 Thursday ,07 September
TMC: EDL day workers burn tires in front of Energy Ministry
GMT 16:35 2017 Saturday ,09 December
UN Security Council refuses moving U.S embassy to Jerusalem
GMT 16:05 2017 Monday ,14 August
Svitolina destroys Wozniacki in WTA Toronto final
GMT 10:21 2017 Thursday ,26 October
Qatar 'to introduce' minimum wage
GMT 03:55 2017 Wednesday ,22 March
INTERVIEW: ‘A fresh start’: Journey of one brave Egyptian breast cancer survivor
GMT 13:55 2017 Wednesday ,12 April
Bahraini King Meets Palestinian President
GMT 19:06 2017 Tuesday ,21 March
Nagla Mahmoud designs accessories for Mother's Day gifts
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor