Investment Banking

Kraft singles out Centerview for $45bn mega merger

Centerview Partners and Lazard are back in the boardroom for a slice of another multibillion-dollar deal

Kraft singles out Centerview for $45bn mega merger
Photo: Getty Images

Independent advisory houses Centerview Partners and Lazard are back in the boardroom with Kraft Foods for a slice of another multibillion-dollar deal – this time on opposing sides of the table.

Centerview is sole adviser to the US foods giant on its sale to Brazilian private equity firm 3G Capital, according to a statement this morning. 3G will acquire the business in partnership with Warren Buffett's Berkshire Hathaway and then merge it with existing portfolio company Heinz, forming the third-largest food and beverage company in North America.

WSJ Logo
Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump