Private equity firms KKR and Apax Partners are among the bidders competing to acquire Portuguese packaging manufacturer Logoplaste in a deal that could value the business at more than €1.7bn, according to a report by Bloomberg.
The report cites unnamed people familiar with the process as highlighting that both firms have submitted non-binding offers for the rigid plastic packaging producer, with several other prospective buyers also participating in the auction.
The sale process is expected to m...
Continue Reading
Sign up for FREE to read the full article and access 171K+ alternative investment headlines.
Alternative Investment News