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McDonald's to stop serving Heinz ketchup | McDonald's to stop serving Heinz ketchup |
(about 3 hours later) | |
McDonald's has said it is to stop serving Heinz ketchup in its stores after 40 years. | McDonald's has said it is to stop serving Heinz ketchup in its stores after 40 years. |
The world's biggest fast-food chain said it would drop the ketchup after Bernardo Hees, the former head of rival Burger King, took over as Heinz's chief executive. | The world's biggest fast-food chain said it would drop the ketchup after Bernardo Hees, the former head of rival Burger King, took over as Heinz's chief executive. |
"We have decided to transition our business to other suppliers over time," McDonald's said. | "We have decided to transition our business to other suppliers over time," McDonald's said. |
In February, Heinz was purchased in a $28bn (£17.3bn) takeover. | In February, Heinz was purchased in a $28bn (£17.3bn) takeover. |
McDonald's said that it would work with Heinz "to ensure a smooth and orderly transition of the McDonald's restaurant business", which has 34,000 restaurants around the world. | McDonald's said that it would work with Heinz "to ensure a smooth and orderly transition of the McDonald's restaurant business", which has 34,000 restaurants around the world. |
Mr Hees took over after Heinz was bought by Warren Buffett's Berkshire Hathaway and Brazilian investment fund 3G Capital. Burger King is controlled by 3G Capital. | Mr Hees took over after Heinz was bought by Warren Buffett's Berkshire Hathaway and Brazilian investment fund 3G Capital. Burger King is controlled by 3G Capital. |
McDonald's uses the ketchup at many stores around the world, though only in Pittsburgh and Minneapolis inside the US. | |
"As a matter of policy, Heinz does not comment on relationships with customers," the ketchup-maker said. | "As a matter of policy, Heinz does not comment on relationships with customers," the ketchup-maker said. |
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