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| January 23, 2013 |
| 06:05 EDT |  | HNZ | Heinz makes $60M earn-out payment to China business
H.J. Heinz has made an early earn-out payment of $60M to Transpac Industrial Holdings, a Singapore-based private equity holding company, and various Transpac Funds, the previous owners of Heinz’s Foodstar business in China. Heinz acquired Foodstar in November 2010. The earn-out payment is in addition to the original purchase price of $165M. This payment, which is 20% higher than the original provision, is based on the outstanding financial performance of Foodstar in China and was accelerated from July 2014. Heinz will record this payment as a special item of 4c of EPS in Q3. |
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News For HNZ From The Last 14 Days Check below for free stories on HNZ the last two weeks. |
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| May 17, 2013 |
| 13:21 EDT |  | HNZ | Options with increasing implied volatility: CPRT BMY GDI HNZ
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| May 13, 2013 |
| 11:12 EDT | | HNZ | Options with increasing implied volatility: BKS FIO SOHU AGNC HNZ
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| May 8, 2013 |
| 12:39 EDT | | HNZ | Options with increasing implied volatility: ALXA FIO EBIX VMED HNZ
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| May 7, 2013 |
| 13:15 EDT | | HNZ | Options with increasing implied volatility: CVRR SRPT PGH TWO GDI HNZ
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| May 6, 2013 |
| 12:19 EDT | | HNZ | Options with increasing implied volatility: TWO LIFE AGNC HNZ
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| 06:10 EDT | | HNZ | Warren Buffett says 'we'll be in Heinz forever'
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