FBI investigating potential insider trading in Heinz shares

Traders work at the post that trades H.J. Heinz Co. on the floor of the New York Stock Exchange

Heinz on Thursday announced a deal to be acquired for $23 billion by Warren Buffett's Berkshire Hathaway Inc. and Brazil's 3G Capital.

NEW YORK — The FBI said Tuesday that it had opened an investigation into potential insider trading in shares of H.J. Heinz Co. just before a takeover announcement last week.

The announcement follows the Securities and Exchange Commission's decision to freeze assets connected to a Swiss trading account from which the alleged insider trades were made.

"The FBI is aware of the trading anomalies the day before Heinz's announcement," a spokesman said. "The FBI is consulting with the SEC to determine if a crime was committed."

Heinz on Thursday announced a deal to be acquired for $23 billion by Warren Buffett's Berkshire Hathaway Inc.  and Brazil's 3G Capital.

Reporting By Emily Flitter

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