Goldman Sachs unit, Vestar near $1.1 deal for Hearthside Food


NEW YORK:The private equity arm of Goldman Sachs Group Inc and Vestar Capital Partners are nearing a deal to buy Hearthside Food Solutions LLC for more than $1.1 billion, people familiar with the matter said on Friday.

The consortium of Goldman Sachs and Vestar is in the final stage of negotiating an agreement with Hearthside's private equity owner, Wind Point Partners, and is working toward an announcement in the coming days, the people said.

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