Madison Dearborn said to weigh Bolthouse Farms sale or IPO
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Madison Dearborn Partners LLC, the Chicago buyout firm that owns Bolthouse Farms, is weighing a sale or an initial public offering for the vegetable-juice maker, said three people with knowledge of the matter.
The firm is seeking a price of as much as $2 billion, said the people, who declined to be identified as deliberations are private. Madison Dearborn acquired WM Bolthouse Farms Inc. in 2005, according to data compiled by Bloomberg.
Madison Dearborn hired Credit Suisse Group AG as an adviser on the process, said one of these people. The bank will approach other consumer-product companies including Campbell Soup Co. as well as private equity funds to gauge their interest in a sale, said the person. Bloomberg Busiess Report
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