KKR Shelves $10 Billion Upfield Sale after ADQ Talks Fall Apart

Private equity firm KKR & Co. is shelving a sale process for Upfield, the maker of Flora and Country Crock spreads, that was seeking to raise about $10 billion, people with knowledge of the matter said.

(Bloomberg) -- Private equity firm KKR & Co. is shelving a sale process for Upfield, the maker of Flora and Country Crock spreads, that was seeking to raise about $10 billion, people with knowledge of the matter said. Most Read from BloombergBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsTaylor Swift Is Proof That How We Critique Music Is BrokenBiden’s New Chopper Is Demoted After Scorching White House LawnTesla Soars as Musk’s Cheaper EVs Calm Fears Over StrategyThe bu