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Vestar
’Blackstone in $1.3bn Birds Eye deal
Birds Eye Foods is being sold by its private equity owners for $1.3bn to Blackstone’s Pinnacle Foods, it was announced on Thursday. The deal, to be funded with $300m in additional equity from Blackstone and $1bn in debt,
Unilever sells US laundry brands
Unilever has sold its North American laundry brands for $1.45bn to private equity group Vestar Capital Partners, but has ruled out selling its European laundry brands, including Persil and Surf, despite signalling more focus on emerging markets.