A little more than 30 years ago, when the late Jerome Kohlberg, Jr. announced he was leaving KKR, he told The New York Times that at his new firm, Kohlberg & Co., he’d be focusing on “deals where reason still prevails.”
PepsiCo’s announced $3.2 billion acquisition of SodaStream is the latest in a wave of deal activity in the packaged food sector. This robust M&A environment should continue, as companies tap into consumer trends like “better for you” foods.
Brunswick spends $910M to buy boat batteries from Genstar-backed Power Products. Littlejohn's Wellfleet raises CLO fund.Ray Dalio, John Doerr, Phil Knight and Nathalie Molina Niño author books on our summer reading list.