Brazil’s BRF Said to Join KKR, CVC on Americana Bid - Bloomberg

Brazil’s BRF Said to Join KKR, CVC on Americana Bid - Bloomberg:



"BRF SA (BRFS3), Brazil’s biggest food maker by market value, is making a joint bid for Kuwait Food Co. with private-equity firms KKR & Co. (KKR) and CVC Capital Partners Ltd., two people with knowledge of the matter said.



BRF, KKR and CVC are bidding for the whole company, known as Americana, which would then be split between the buyers if the bid is successful, said the people, who asked not to be identified because talks are private.



The Brazilian company is interested in the food manufacturing unit of $4.3 billion Kuwait Food, the people said. The private-equity firms would keep Americana’s restaurant business, which includes about 1,500 KFC and Pizza Hut outlets in the Middle East and North Africa, the people said."



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