H.J. Heinz Co. (HNZ) Monday said it received all regulatory approvals required for the acquisition of Heinz by an investment consortium comprised of Berkshire Hathaway and an investment fund affiliated with 3G Capital.
The merger agreement between the parties was first announced on February 14. It was approved by Heinz shareholders on April 30.
The parties now expect the transaction to close on or about June 7, subject to satisfaction of customary closing conditions.
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