Nestle Is in Talks to Acquire Natureâs Bounty Owner
This content was published on April 23, 2021 - 17:18
April 23, 2021 - 17:18
(Bloomberg) -- Nestle SA is in discussions to acquire Bountiful Co., the vitamin maker backed by KKR & Co., according to a person familiar with the matter.
An acquisition by Nestle would pre-empt a proposed initial public offering of the business, the person said, asking not to be identified because the information is private.
KKR had been planning an IPO valuing Bountiful at more than $6 billion, Bloomberg News reported in January. The company, which sells nutritional products under brands including Natureâs Bounty and Puritanâs Pride, filed registration documents for the listing earlier this month.