Rover agrees to $2.3bn go-private deal with Blackstone

Rover agrees to $2.3bn go-private deal with Blackstone

Pet care company Rover Group said private equity firm Blackstone will take it private in a $2.3 billion all-cash deal. The company’s shareholders will receive $11 per share at a premium of 29.4% from the last close price. Blackstone approached Rover directly...
Unilever to sell spreads business to KKR for $8bn

Unilever to sell spreads business to KKR for $8bn

Unilever has agreed to sell its margarine and spreads business to U.S. private equity firm KKR for 6.83 bn euros ($8.04 bn) to concentrate on faster growing products. The maker of Knorr soup and Dove soap announced the deal on Friday, hours after Reuters reported that...