.
MergerLinks Header Logo

New Deal


Announced

Primavera Capital Group to acquire child nutrition business of Reckitt for $2.2bn.

Financials

Edit Data
Transaction Value£1,549m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Friendly

Single Bidder

Food Products

Majority

Cross Border

China

Private Equity

Acquisition

Pending

Disposal

consumer goods

Private

Synopsis

Edit

Primavera Capital Group, a China-based global investment firm, agreed to acquire child nutrition business of Reckitt, a British consumer goods maker, for $2.2bn. "WWe have considerable experience investing and growing and expanding global brands in China. We are excited to support the business in its next phase of growth, leveraging our resources and local leadership," Dr. Fred Hu, Primavera Founder and Chairman.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US