After repeatedly criticizing China’s anti-monopoly regulator for its slowness in approving global M&A, I finally have to congratulate the Chinese Commerce Ministry for improving its record with the relatively fast approval of a major deal. In this case, the ministry has given its official approval just over 3 months after Warren Buffett’s Berkshire Hathaway announced it would partner with private equity firm 3G Capital to buy US ketchup giant H.J. Heinz (NYSE: HNZ) for $28 billion. Read Full Post…
