KKR in advanced talks to buy Del Monte Foods/ չ ʳƷ-KKR
Del surya india Monte Foods Co ( DLM.N ) agreed on Thursday to be bought by a group led by Kohlberg Kravis Roberts & Co ( KKR.N ) in a deal worth about $4 billion excluding debt, the latest in a flurry of private equity transactions.
Vestar Capital Partners and a fund run by Centerview surya india partner James Kilts will join KKR in the deal, which ranks as one of the largest U.S. leveraged buyouts of the year. The three partners will assume about $1.3 billion in Del Monte's debt. When including the debt, the company said the deal value is $5.3 billion.
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