Announced

Completed

KKR to acquire Spreads for $7.6bn from Unilever.

Synopsis

KKR, a private equity firm, to acquire Spreads for $7.6bn from Unilever, one of the worldā€™s leading suppliers of Beauty & Personal Care, Home Care and Food and Refreshment products, on a cash-free, debt-free basis. ā€œThere is positive momentum in the performance of the Spreads business and we are excited about continuing this journey with KKR. We are confident that our business and the entrepreneurial spirit of our people will thrive further under new ownership.ā€ Nicolas Liabeuf, Spreads CEO.

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