Fox Business - The Power to Prosper
Search Site

Brenda Barnes

KKR Potentially Interested in Sara Lee

Kohlberg Kravis Roberts is potentially interested in Sara Lee and could possibly partner with an interested party as bidders emerge for the food group, two sources familiar with the situation said Wednesday.Sara Lee recently has attracted interest from Brazilian meat processor JBS SA and from a group of private equity firms including Apollo Global Management (NYSE:AGMTZ), sources previously told Reuters.That consortium also includes Bain Capital and TPG Capital a separate source said. It was unclear what KKR (NYSE:KKR) do, for example, whether it might seek to join with interested parties such as JBS or possibly with a private equity consortium led by Apollo.Sara Lee (NYSE:SLE), with a market value of about $11.5 billion, has been examining various options such as selling itself or splitting itself up into meat and beverage units.The board is expected to approve a plan to split the company at a meeting later this month unless a compelling takeover bid emerges, a separate source familia...

Read More

  1. Sara Lee posts quarterly profit

    NEW YORK (Reuters) - Sara Lee Corp reported a quarterly profit Thursday, helped by improvements in its North American retail and international beverage units.The mak...

  2. Sara Lee CEO Barnes Steps Down Permanently

    Sara Lee Corp Chief Executive Brenda Barnes will step down permanently as CEO and chairman after suffering a stroke, and the company said Monday it has begun a searc...

  3. Sara Lee Chief Executive Barnes to Step Down Permanently

    Sara Lee (NYSE:SLE) announced on Monday the departure of CEO Brenda Barnes, who had been on medical leave after suffering a stroke.The baked goods company said it ha...

  4. Board Room Board Games

    Industry Analyst Tim Walker breaks down the why executive moves within Pappa Johns, Whole Foods, Sharp and Sara Lee may make them a better investment.

  5. Sara Lee CEO on Profits

    Sara Lee CEO Brenda Barnes on the company's strategy and future deals.

  6. Sara Lee CEO on Consumer, Commodity Prices

    Sara Lee CEO Brenda Barnes on how the economy is affecting the company's bottom line.

  7. Sara Lee CEO on Staying Up in a Down Economy

    Sarah Lee CEO Brenda Barnes on the company's strategy during the slowdown.

  8. Sara Lee CEO on Unilever Arrangement

    Sara Lee CEO Brenda Barnes on selling the company's personal-care business to Unilever.

  1. Sara Lee shares rise on report of KKR offer

    NEW YORK (Reuters) - Sara Lee Corp sharesjumped nearly 8 percent Monday after The New York Postreported that the foodmaker received an unsolicited offer fromprivate ...

  2. Sara Lee shares up on report of KKR offer

    NEW YORK (Reuters) - Sara Lee Corp sharesjumped Monday after The New York Post reported that thefoodmaker received an unsolicited offer from private equityfirm KKR C...

  3. Report: Sara Lee Rejected $12B Buyout Bid

    Sara Lee ’s ( SLE ) stock surged nearly 20% on Monday in the wake of a report that the maker of Ball Park franks received a $12 billion takeover bid.According to the...

  4. Sara Lee to put more money in bread

    By Martinne GellerNEW YORK(Reuters) - Sara Lee Corp is planning to spend more on its North American bakery business and raise some prices as it looks to improve perf...

  5. Sara Lee Sales Come Up Short in 4Q

    Sara Lee Corp reported lower-than-expected quarterly sales and forecast an earnings range for 2011 that is largely below analysts' estimates, as the maker of Jimmy D...

  6. Sara Lee sales fall short of view, shares drop

    (Rewrites first paragraph to focus on sales, adds byline)By Martinne GellerNEW YORK (Reuters) - Sara Lee Corp reported lower-than-expected quarterly sales Thursday, ...

  7. Sara Lee posts profit; gives FY11 forecast

    NEW YORK (Reuters) - Sara Lee Corp reported a quarterly profit Thursday, helped by strong sales of Jimmy Dean breakfast sandwiches and sausages, and forecast fiscal ...

Freebase CC-BY
Source: Brenda Barnes on Freebase, licensed under CC-BY
Other content from Wikipedia, licensed under the GFDL