Skip to comments.Heinz Sells Assets for $506 Million
Posted on 02/22/2006 10:40:51 PM PST by ATOMIC_PUNK
H.J. Heinz Co. said Tuesday it was selling its European seafood business to Lehman Brothers Merchant Banking for $506 million.
The transaction is subject to customary EU competition review and approval. Pending regulatory approval, Heinz expects to complete the transaction by the end of March 2006.
This major transaction successfully focuses our portfolio in Europe on three core categories: Ketchup and Sauces; Infant Nutrition; and Meals and Snacks, said a Heinz spokesman.
Campaign season already?
"Henry Lehman, an immigrant from Germany,"
So the Europeans are going to trust their ketchup needs to an AMERICAN who immigrated from GERMANY?
Hellooooo! Do you people remember World War II? Started by...?
I can't believe Europe is going to let a German immigrant to America (which is worse?) get into their ketchup supply. Hmm, weren't there POISON GASSES manufactured in Germany?!??
I think the President is all wrong on this. The Democrats are going to make such hay. At least Jimmy Carter is against it...no, actually he's for it. I hope the EU nations get together and oppose this deal with a company with ties to a guy who lived in the nation of Nazism (!) less than two centuries ago. Come on, EU nations, I'm calling on you--England, Italy, Germany! Uh...
Is that a new tagline? If not, I can't believe I hadn't noticed it before, it's great.
Terresssssssssssssssssssssssa only has some shares and NO controlling authority nor say so in that company at all.
Good. But I don't buy it anyway. Name association, or something.....
So does this mean JFsKerry has already funded his campaign. It would be such a pitty if he spends all that wifey GREEN and then gets the floor wiped up with his sorry butt. NOT!
I know I can't take seeing his ugly sKerry kisser day after weary day. And the other prospect isn't any better. It's going to be a tedious time folks.
By the way, stay away from Boston Market (Heinz).
Yea i don't like it either
Don't forget the german ties to 9/11!!!!!! I heard from Jack Cafferty that 2(!) of the hijackers once rode in a Volkswagen!!!!!
I wonder if she'll use that cool half Billion to buy Gin-soaked Raisins for us little folk???
When you do some reading what that junk is made of, eating polypropylene is healthier. Heinz has the most 'fillers' in it.
Henry Lehman may have been German, but he was also Jewish, a rare condition for a Nazi. He also died before Hitler was born, another small detail.
I thought the excess !!!!!! and hysterical tone would have alerted you, but I am going to have to resign myself to writing after every sarcastic post. Although others seemed to catch it.
Sarcasm, dude, it was sarcasm.
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