date:Jul 26, 2019
accepted by Campbells.
A Campbell Soup spokeswoman said: The process to divest Arnotts and the rest of our international operations is ongoing. We do not comment on rumour and speculation.
KKR won the deal by beating Australian rival Pacific Equity Partners in an auction that lasted nearly a year.
The auction was managed by Goldman Sachs and Centerview Partners for Campbell Soup, while Allens and Simpson Thacher offered legal counsel to KKR. King Wood Mallesons, as well as Weil, Gotshal Man