Brazil’s 3G may mull Mondelez munch: rpt.
Brazilian private equity powerhouse 3G Capital is readytoclose anew$10 billion fund to acquire new companies, The Post has learned.
Whilethecompanyhasyettotargetanyacquisitions, a report in a German magazine said it hadits eyesonMondelezInternational.
In the wake of the report, Mondelez shares closed Thursday up4.4 percent, to $44.71.
However, several mediaoutlets reported — and The Post confirmed — that Mondelez is not presently in takeover talks.
Still, sources believe a takeover approach maybecoming.
Abanker said 3G, which ownsKraft Heinz, is close to German moneyman Peter Harf, whoinvests moneyfor the Reckitt Benckiser family of brands.
The fact the story was published by the lit- tle-knownGermanlanguagebiweeklyBilanz is suspicious, sources said.
“There could be something there,” the banker said, believing the magazine might have access to Harf.
3G would need to raise additional money besides the fund, evenwhenfactoringindebt financing, to chase a company as large as Mondelez, which has an $80 billion enterprise value.
Warren Buffett’s Berkshire Hathaway could be a co-investor in a possible run at Mondelez— as hewaswhen3GboughtKraft and Heinz, Bilanz said .
Kraft Heinz, with a $130 billion enterprise value, likely will not be involved, the source close to 3Gsaid.
A Mondelez spokesperson said the company doesn’t comment on rumors or market speculation. 3Gcould not be reached.