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3G Capital May be Targeting Deals for Pepsi, Campbell Soup -Wall Street Journal

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3G Capital May be Targeting Deals for Pepsi, Campbell Soup -Wall Street Journal

Brazil's 3G Capital Partners is considering the possibility of acquiring food or beverage companies, including Campbell Soup Company (NYSE: CPB) and PepsiCo Inc. (NYSE: PEP), according to sources, as reported by the Wall Street Journal. In order to do a deal as large as Pepsico, 3G could partner with Anheuser-Busch InBev NV (NYSE: BUD), say persons familiar with the matter.

3G reportedly has received pledges from investors totaling $5 billion over the past few weeks for a new takeover fund, though no decision has been made as to the next acquisition move.

Posted-In: Wall Street JournalM&A News Rumors Media

 

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