Warren Buffet's Berkshire Hathaway isn't alone in struggling to make a big acquisition. Past partner 3G Capital is also coming up short

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Berkshire and 3G joined forces to buy Heinz in 2013 and merge it with Kraft in 2015, but haven't had much luck recently.

3G Capital, which has partnered with the famed investor's conglomerate several times in the past, has asked its investors for more time to deploy their money, the Financial TimesDeutsche Bank says you need to own these 10 value stocks set to rise by as much as 52% as Europe gets a grip on COVID-19

The pandemic has caused widespread disruptions to businesses and clouded the economic outlook, while company valuations have soared to record levels, making it tricky to make big acquisitions at attractive prices.3G, cofounded by Brazilian billionaire Jorge Paulo Lemann, has struck out repeatedly in recent years. For example, it tried to buy German industrial giant Thyssenkrupp's elevator division in February but lost out to a rival bid.

3G's past deals include acquiring Burger King and later adding Tim Hortons and Popeyes to a holding company called Restaurant Brands. Berkshire helped finance the Tim Hortons transaction, and also joined 3G to acquire Heinz in 2013 and merge the condiments titan with Kraft Foods in 2015. However, Buffett's fondness for Lemann and public comments about 3G suggest another tie-up could still be on the cards.One of FanDuel's early investors breaks down how to capitalize on the booming US sports betting industry amid a 'tremendous decade' of growth

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