LONDON, May 14- From ketchup to hot drinks, family-run investment firms are shaking up the consumer deals market, squeezing out private equity players and forcing them to change strategy.
NEW YORK, May 13- The $23 billion sale of ketchup maker H.J.Heinz Co to Berkshire Hathaway Inc and buyout firm 3 G Capital, Avis Budget Group's takeover of Zipcar, and the $6.9 billion leveraged buyout of BMC Software, have one common link: Kirkland& Ellis LLP.
May 7- Warren Buffett's Berkshire Hathaway Inc, the largest investor in DaVita HealthCare Partners Inc, has entered an agreement allowing it to nearly double its stake in the largest U.S. operator of dialysis clinics to 25 percent. DaVita shares rose $3.84, or 3.3 percent, to $121.40 in after-hours trading after the agreement was disclosed.
May 7- Warren Buffett's Berkshire Hathaway Inc, the largest investor in DaVita HealthCare Partners Inc, has entered an agreement allowing it to nearly double its stake in the largest U.S. operator of dialysis clinics to 25 percent. DaVita shares rose $3.84, or 3.3 percent, to $121.40 in after-hours trading after the agreement was disclosed.
sold off another 1.375 million of its Moody's Corp shares in the past three trading days, leaving it with an 11.1 percent stake in the parent of credit rating agency Moody's Investors Service. Last Wednesday, Berkshire Hathaway said it had sold 1.75 million Moody's shares in the first three days of last week, the first time since 2010 it had sold shares in Moody's.
*Sells 1,375,011 shares in Moody's corp- SEC filing. *Sales of moody's shares yields $84.5 million- SEC filing. *Still owns 25.29 million Moody's shares- SEC filing.
"We believe Apple is about to change the narrative and get investors, analysts, customers and the media finally talking about new products again- starting with a software/services/Mac event on June 10th and a likely iPhone/iPad event in September," analysts led by Ben Reitzes said in a note to clients. **MBIA INC, $14.10, up 43.4 pct** BANK OF AMERICA CORP, $12.74, up 4 pct.