KKR has struck a deal to acquire U.S. bakery chain Nothing Bundt Cakes from Roark Capital for over $2 billion, including debt - WSJ

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KKR has reached an agreement to acquire Nothing Bundt Cakes, a U.S. bakery chain, from Roark Capital. The deal is valued at over $2 billion, which includes debt. This acquisition highlights KKR’s continued investment in consumer-focused brands.

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