Buffett said he had learned about the SEC probe about seven to 10 days before it was announcedBuffett spoke four days after Kraft Heinz took a $15.4 billion writedown for its Kraft and Oscar Mayer brands and other assets
1 min read25 Feb 2019Horlicks maker GSK Consumer’s sales growth has slowed down and it also faces similar market challenges as former Complan maker Heinz India
2 min read25 Oct 2018Food delivery has been a favourite industry of Naspers, with assets including Germany’s Delivery Hero AG and iFood in Brazil.
3 min read24 Oct 2018Zydus Wellness is in talks to raise private equity funding to cover about half of the purchase price for some of Kraft Heinz’s India products, including Complan
1 min read24 Oct 2018Shareholder opposition halts move which would have forced Unilever off FTSE 100
1 min read5 Oct 2018In other news, Brookfield Asset Management is leading the race to acquire the gas pipeline owned by East West Pipeline, and Air India expects to sell its former head office in Mumbai to Jawaharlal Nehru Port Trust
3 min read10 Sep 2018In other news, ITC, Wipro Consumer Care and Cadila Healthcare are readying to submit binding offers to buy Kraft Heinz India's popular nutritional drink brand, Complan
4 min read13 Aug 2018Wipro, ITC and Cadila Healthcare expected to submit binding bids in the range of $700-800 million for Kraft Heinz's Complan by 15 September
2 min read13 Aug 2018The Kraft Heinz India sale has also drawn interest from an arm of Cadila Healthcare and other potential buyers
1 min read3 Aug 2018Malt-based drinks Horlicks and Bournvita are in this categoryhave seen growth slip from 13.2% in 2014 to 8.6% in 2017
2 min read21 Jun 2018The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared