Private Equity
Unilever has received offers for its margarine and spreads unit from bidders including a consortium of Bain Capital and Clayton Dubilier & Rice, according to people familiar with the situation. A group consisting of Blackstone Group LP and CVC Capital Partners also made an offer for the underperforming spreads business, valued at around 7 billion euros ($8.3 billion), said the people, who asked not to be be identified because the process is confidential. Buyout firm Apollo Global Management has placed a bid alone, they said.