Traders work on the floor of the New York Stock Exchange, Wednesday, Feb. 13, 2013 in New York. (AP Photo/Henny Ray Abrams)
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Traders work on the floor of the New York Stock Exchange, Wednesday, Feb. 13, 2013 in New York. (AP Photo/Henny Ray Abrams)
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James Riley, left, of Dag Securities works on the floor of the New York Stock Exchange, Wednesday, Feb. 13, 2013 in New York. (AP Photo/Henny Ray Abrams)
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Paul Cosentino, left, of Goldman Sachs and Patrick Armstrong of Prime Executions work on the floor of the New York Stock Exchange, Wednesday, Feb. 13, 2013 in New York. (AP Photo/Henny Ray Abrams)
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Truck driver Jimmy Mayes holds his chihuahua, Coco, while waiting to pick up a load at a truck stop Tuesday, Oct. 30, 2012, in Atlanta. Even amid a struggling economy with high unemployment, trucking companies had a tough time hiring young drivers willing to hit the road for long hauls. Now the U.S. is speeding toward a critical shortage of truck drivers in the next few years as the economy recovers and demand for goods increases, an expert in the inner-workings of supply chains said in a report Tuesday. (AP Photo/David Goldman)
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A sign on the back of a truck advertises job openings at a truck stop Tuesday, Oct. 30, 2012, in Atlanta. Even amid a struggling economy with high unemployment, trucking companies had a tough time hiring young drivers willing to hit the road for long hauls. Now the U.S. is speeding toward a critical shortage of truck drivers in the next few years as the economy recovers and demand for goods increases, an expert in the inner-workings of supply chains said in a report Tuesday. (AP Photo/David Goldman)
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Cards advertising truck driving opportunities stand on display at a truck stop Tuesday, Oct. 30, 2012, in Atlanta. Even amid a struggling economy with high unemployment, trucking companies had a tough time hiring young drivers willing to hit the road for long hauls. Now the U.S. is speeding toward a critical shortage of truck drivers in the next few years as the economy recovers and demand for goods increases, an expert in the inner-workings of supply chains said in a report Tuesday. (AP Photo/David Goldman)
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Truck driver Earliest Madir waits to pick up a load at a truck stop Tuesday, Oct. 30, 2012, in Atlanta. Even amid a struggling economy with high unemployment, trucking companies had a tough time hiring young drivers willing to hit the road for long hauls. Now the U.S. is speeding toward a critical shortage of truck drivers in the next few years as the economy recovers and demand for goods increases, an expert in the inner-workings of supply chains said in a report Tuesday. (AP Photo/David Goldman)
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A poster promoting truck drivers hangs inside a truck stop Tuesday, Oct. 30, 2012, in Atlanta. Even amid a struggling economy with high unemployment, trucking companies had a tough time hiring young drivers willing to hit the road for long hauls. Now the U.S. is speeding toward a critical shortage of truck drivers in the next few years as the economy recovers and demand for goods increases, an expert in the inner-workings of supply chains said in a report Tuesday. (AP Photo/David Goldman)
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FILE - In this Monday, Dec. 1, 2008 file photo, a plane flies over downtown Los Angeles. A look at the route maps of US Airways and American Airlines shows that the merger between the two carriers is mostly complimentary. US Airways gives American a much bigger presence in key East Coast cities and gives US Airways a longer overseas reach. That’s important in an age when the market is dominated by a new breed of mega-airlines that promise to whisk passengers around the globe with ease. (AP Photo/Damian Dovarganes, File)
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A U.S. Airways jet passes an American Airlines jet, Thursday, Feb. 14, 2013 at Sky Harbor International Airport in Phoenix. The merger of the two airlines has given birth to a mega airline with more passengers than any other in the world. (AP Photo/Matt York)
Sale of Heinz will be biggest food company deal
The $23.3 billion H.J.
Heinz Co. deal announced Thursday would be the biggest deal in the food industry when debt is excluded from the total. The rankings from data provider
Dealogic also exclude spinoffs and beverage companies.
Here are the top five food company deals:
—Heinz is being acquired for $23.3 billion by Berkshire Hathaway and 3G Capital, the investment firm which bought Burger King in 2010.
—The previous biggest food company deal was Mars Inc.'s acquisition of Wrigley in 2008 for $21.9 billion.
—Unilever's purchase of Best Foods in 2000 for $20.2 billion.
—Kraft Food's purchase of Cadbury in 2009 for $19.3 billion.
—Groupe Danone SA's 2007 purchase of baby food maker Royal Numiko for $16.8 billion.
—Philip Morris' acquisition of Nabisco in 2000 for $14.6 billion.
Tags:
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