Heinz takeover relies on long-time advisers
The $23 billion takeover of H.J. Heinz Co. HNZ, announced Thursday, involves two independent advisory firms with long histories as counselors to Heinz and its buyers. Heinz was represented by Centerview Partners, a New York firm co-founded in 2006 by Blair Effron, a former top banker for UBS AG who has advised Heinz on multiple transactions over the years.
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