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Top fooddive.com News
Business · United StatesConsumer goods group Unilever is delaying the demerger of its Magnum ice cream unit due to the US government shutdown, it said today, marking an early example of business disruption from the impasse that shows no sign of ending.See the Story
Unilever delays Magnum demerger timeline
42% Center coverage: 14 sources
Private EquityDr Pepper’s getting a 24th flavor: leveraged buyout with notes of debt restructuring. Parent company Keurig Dr Pepper (KDP for short) scored $7 billion from KKR, Apollo Global Management and Goldman Sachs. The investment will be divvied up, with $4 billion going toward making new K-Cup pods and $3 billion put into preferred convertible stock. The beverage conglomerate also lifted its annual sales forecast, and shares of the company (which owns …See the Story
Keurig Dr Pepper’s Shares Fizz Amid Private Equity Cash Infusion
Coverage: 5 sources
