Warren Buffett Says Willing to Partner With 3G Again on 'Very Large' Deals

Warren Buffett has said Berkshire Hathaway Inc would team up again with 3G Capital on more transactions, perhaps very large ones, despite criticism of the Brazilian firm's slashing of too many jobs at HJ Heinz & Co.
 
"I think 3G does a magnificent job of running businesses," Mr Buffett said at Berkshire's annual meeting on Saturday. 
 
"We're very likely to partner with them, perhaps on some things that are very large."
 
Berkshire contributed $12 billion towards the more than $23 billion purchase of Heinz, but gave 3G a day-to-day control of operations. 
 
Some critics have said 3G's cuts do not reflect Berkshire's typical values towards people who work at companies it acquires.
 
"We have not enforced, or attempted to enforce, nor do we wish to enforce, a strong discipline in every subsidiary as to whether they have a few too many people or not," Mr Buffett said. 
 
"A great many don't."
 
Copyright @ Thomson Reuters 2013
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