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Centerbridge Partners
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Substrate placeholder — needs reviewfinance51 days ago
KIK Reports 50% Decline in Fourth-Quarter Earnings Due to Production Inefficiencies
KIK, owned by Centerbridge Partners, reported a 50% drop in fourth-quarter earnings compared to the previous year. The decline resulted partly from production facility inefficiencies that led to lower volumes and higher costs. KIK manufactures household cleaning products.
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