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...
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