Berkshire Hathaway, 3G Capital to buy Heinz for $28 billion

February 14, 2013 1:14 PM GMT

Warren Buffett's Berkshire Hathaway Inc and 3G Capital will buy H.J. Heinz Co for $72.50 (46.73 pounds) a share, or $28 billion (18.04 billion pounds) including debt, Heinz said on Thursday.

The company did not elaborate on what portion would be contributed by Berkshire and what portion would come from 3G.

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Heinz shares rose 19 percent in premarket trading.

(Reporting By Ben Berkowitz; Editing by Gerald E. McCormick)

Copyright 2012 Thomson Reuters UK. All rights reserved.

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