Bain Capital, Carlyle Said to Vie for Dutch Infant Formula Friso
- BPEA, Junlebao Dairy may also consider bidding for the brand
- Dutch food group working with JPMorgan on a potential disposal
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Buyout firms Bain Capital and Carlyle Group Inc. are among the suitors for Royal FrieslandCampina NV’s Friso infant nutrition brand, according to people familiar with the matter.
Baring Private Equity Asia Ltd. and Shijiazhuang Junlebao Dairy Co. may also consider bidding for the asset, which could be valued at about $1 billion to $2 billion in a sale, the people said, asking not to be identified as the information is private.