HJ Heinz/ Kraft Foods merger

Overview:

• H.J. Heinz Company and Kraft Foods Group merged to form The Kraft Heinz Company.
• The transaction was valued at $60 billion.
• At time of closing, Kraft shareholders held a 49% stake in the new entity and Heinz shareholders held a 51% stake on a fully diluted basis. 
• Lazard acted as exclusive financial adviser for Heinz.
• Centerview Partners acted as exclusive financial adviser for Kraft.

Rani Mehta - Journalist