Brazil's 3G Capital In Talks To Buy Kraft: WSJ

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Private-equity firm 3G Capital is engaged in discussions to buy Kraft Foods Group Inc. , The Wall Street Journal reported late Tuesday, citing unnamed sources familiar with the matter. The report noted that Brazil-based 3G Capital had raised roughly $5 billion to fund acquisitions, with its last major purchase being food company H.J. Heinz Co., bought in partnership with Berkshire Hathaway Inc. . Shares of Kraft, which had finished regular Tuesday trade with a 1.3% loss, jumped 14.6% in after-hours trade to $70.30.

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