<<< back to article list

What will Buffett buy next?

Blog by Brad Herman | February 16th, 2013

The US$23-billion takeover of H.J. Heinz Co. isn’t enough to sate billionaire Warren Buffett.

Buffett’s Berkshire Hathaway Inc. has about US$15-billion in cash left for deals — a figure that grows monthly — after committing US$12.1-billion for Heinz. With Buffett saying Thursday his desire for “elephants,” or large acquisitions, remains unsatisfied, the world’s fourth-richest person could set his sights next on targets from Cheerios maker General Mills Inc. to hardware supplier W.W. Grainger Inc.