HJ Heinz

Berkshire Hathaway and 3G Capital are pure investment firms, with little or no direct involvement in the food sectors where Heinz makes most of its money. Photo: Reuters

China approves Warren Buffett's Heinz buy

After repeatedly criticising China's anti-monopoly regulator for its slowness in approving global M&A, I finally have to congratulate the Chinese Commerce Ministry for improving its record with the relatively fast approval of a major deal.