updated 2/14/2013 11:22:43 AM ET 2013-02-14T16:22:43

(Reuters) - It is too early to talk about significant cost cutting at H.J. Heinz Co following its acquisition by Berkshire Hathaway Inc and 3G Capital, one of the principals of 3G said on Thursday.

The $23 billion deal is expected to close in the third quarter of this calendar year, Heinz Chief Executive William Johnson said at a press conference in Pittsburgh.

(Reporting By Ben Berkowitz; Editing by Gerald E. McCormick)

(c) Copyright Thomson Reuters 2013. Check for restrictions at: http://about.reuters.com/fulllegal.asp

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