Fri 03/15/2024 06:16 AM
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Credit Research: Nikhil Varsani

Relevant Documents:
Q3 Report
Q3 Presentation
Reorg June 2022 Analysis


KKR is reportedly looking to exit Dutch vegetable spread manufacturer Upfield but, in our view, this may be difficult to pull off at least in the near term. Though the group expects to report a strong uptick in margins for the quarter ended Dec. 31, 2023, prices of their products are facing downward pressure, while volumes currently remain subdued and will likely be a sticking point...
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