Business news

Del Monte Foods to be bought for $4 billion

 

NEW YORK --- Del Monte Foods Co. on Thursday agreed to be bought for $4 billion in cash by a group of investors in what would be the biggest private equity deal of the year.

An investor group led by Kohlberg Kravis Roberts & Co. -- which briefly owned Del Monte -- Vestar Capital Partners and Centerview Partners agreed to buy the food maker for $19 per share. They will also assume $1.3 billion in debt.

Serenity Day Spa opens new location

A spa that opened in Augusta 13 years ago has expanded into Columbia County.

Serenity Day Spa, 106 Pleasant Home Road, has opened a second location at 1202 Town Park Lane, Suite 105, Evans.

In addition to its therapeutic massage services, the Evans location will also have a skin care specialist on staff, according to owner Laurie Pratt.

 

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