Kirkland & Ellis represents 3G Capital, which along with Berkshire Hathaway, announced today its agreement to acquire H.J. Heinz Company in a transaction valued at approximately $28 billion, the largest ever in the food industry. The transaction is subject to approval by shareholders, receipt of regulatory approvals and other customary closing conditions, and is expected to close in the third quarter of 2013.
The New York-based Kirkland team acting for 3G Capital is led by corporate/M&A partners Stephen Fraidin, William Sorabella and David Feirstein, debt finance partner Jay Ptashek, capital markets partners Joshua Korff and Michael Kim, and corporate partners Christopher Torrente and Daniel Michaels (Washington, D.C.) and associate Richard Brand. Also on the team were corporate associates Adele Maloney Thomas, Brandon Charnas and Nick Schwartz, executive compensation partner Scott Price and associate Suzi Sabogal, tax partners Greer Phillips and Steven Clemens, private funds partner Andrew Wright, competition partner Mark Kovner (Washington, D.C.) and litigation partner Peter Doyle.
The full press release is available here.