KKR Wins Auction to Buy Unilever Spreads Business -Financial Times
December 15 2017 - 10:34AM
Dow Jones News
--Kohlberg Kravis Roberts, or KKR, has won the auction to
acquire Unilever's (UN) spread business, the Financial Times
reports, citing two sources.
--The private-equity company is seeking to finalize the deal,
which is expected to be valued at about $7 billion, and includes
Flora margarine and other international brands, the FT says.
--CVC Capital Partners and Apollo Global Management also made
offers, it adds.
Full story: http://bit.ly/FT-KKR
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(END) Dow Jones Newswires
December 15, 2017 11:19 ET (16:19 GMT)
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