KKR Wins Auction For Unilever’s Spreads Business


Private equity firm KKR (KKR.N) is in exclusive talks to buy Unilever’s (ULVR.L) margarine and spreads business, people familiar with the matter said on Friday, in a deal expected to top $7 billion.

KKR prevailed in an auction for the business and could finalize a deal as early as this month, the sources said, asking not to be identified because the discussions are confidential.

KKR and Unilever did not immediately respond to requests for comment.


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