Evercore On Why Warren Buffett Won’t Make A Move On Coca-Cola Anytime Soon

Evercore came out with a new research note last week which presented the case as to why Warren Buffett won’t make a move on Coca-Cola anytime soon.

Buffett’s deals to buy Kraft and Heinz, with the additional firepower of private equity group 3G, have got investors talking. It has become clear that these deals are highly lucrative. Barron’s estimates that 3G and Berkshire have tripled their original $8.5 billion ($4.25 billion for each) equity investment in Heinz in less than two years. So, with the help of 3G, a takeover of Coke could transform Berkshire.

Warren Buffett's move won't happen anytime soon

Nonetheless, Evercore believes that this won’t happen anytime soon. Why? Because it goes against the grain of Warren Buffett’s...