- The Wall Street Journal has a new profile up on Brazilian financier Jorge Paulo Lemann, the man who together with Warren Buffett this week orchestrated the acquisition of H.J. Heinz Co.
- The two men have known each other at least since they served on the board of Gillette together in the 1990s, and he gained international fame for merging his beer company AmBev with Belgium's Interbrew, only to later pay $52 billion for Anheuser-Busch.
- Lemann's company 3G Capital also bought Burger King in 2010, establishing a reputation for shrewd moves and cost cutting.
From the article:
"... The Harvard-educated Mr. Lemann is helping finance the Heinz acquisition through 3G Capital, a private-equity fund he runs with Brazilian partners Marcel Herrmann Telles and Carlos Alberto Sicupira. 3G acquired Burger King in 2010 for $3.3 billion and took it private, successfully listing it again two years later. ..."