Brazilian investment firm 3G Capital Partners is mulling to acquire food and beverage firms, after investors pledged about $5bn to form a new takeover fund.
The Wall Street Journal reported that the company is discussing the possibility of acquiring a food or beverage company such as Campbell Soup or PepsiCo.
The value of PepsiCo deal is estimated to be four times as large as Heinz and Tim Hortons combined, due to which 3G might pursue only pieces of PepsiCo or collaborate with brewing firm Anheuser-Busch InBev, the publication reported, citing people familiar with the matter.
3G may also consider the acquisition of Kellogg and Kraft Foods, each of which have a stock-market value of around $20bn.
However, all the proposed deals are not certain to take place.
In 2013, Berkshire Hathaway offered $12bn toward a $23bn transaction, under which 3G secured control of ketchup maker Heinz, reported Reuters.
Burger King, which was 70% owned by 3G, acquired Canadian coffee and doughnut chain Tim Hortons in a deal worth $11.53bn.
