KKR to shelve sale of unit that makes "I Can't Believe It's Not Butter" - report [Seeking Alpha]
Unilever PLC (UL)
US:NYSE Investor Relations:
unilever.com/investor-relations
Company Research
Source: Seeking Alpha
talks to sell the business to Abu Dhabi sovereign wealth fund ADQ unraveled over the price. The private equity firm is considering other options such as holding onto the business longer, pursuing an initial public offering, or a minority stake sale, Bloomberg reported on Wednesday, citing people familiar with the matter. They noted that Upfield attracted muted interest from private equity bidders. KKR ( KKR ) acquired Upfield for €6.8B ($7.3B) from Unilever in 2018. Bloomberg reported that KKR was seeking about $10B from the sale. KKR stock slipped 1.4% in late Wednesday trading. Recommended For You More Trending News Recommended For You More Trending News About KKR Stock Related Stocks Trending Analysis Trending News
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Sec Filings
- 5/3/24 - Form 6-K
- 5/1/24 - Form 6-K
- 5/1/24 - Form 6-K
- UL's page on the SEC website