Close-Up of a Sealed Campbell's Soup Can on Red Background

Comment: Souped up

A Kraft-Heinz takeover rumour 
doesn’t disguise deep-seated issues 
for companies like Campbell Soup

Campbell Soup stocks soared after news came out suggesting the company could be bought by Kraft-Heinz, one of 3G Capital and Warren Buffett’s pet projects in the food sector. Even though the deal is highly unlikely to happen, these rumours point to a much larger story in food processing. Since 2013, the “acquire and cut”


Mars buying out Buffett stake in Wrigley

Reuters — The candy maker Mars Inc. on Thursday said it would take full control of its Wrigley chewing gum business, acquiring the minority stake held by Warren Buffett’s Berkshire Hathaway Inc. Mars plans to combine Wrigley with its chocolate business, putting M+Ms, Snickers, Skittles, Lifesavers, Starburst fruit chews, Doublemint and Extra gum and Altoids