US private equity firms KKR and Apollo Global Management are among several potential bidders exploring an acquisition of Portuguese packaging company Logoplaste, according to a report by Bloomberg citing unnamed people familiar with the matter.
A broader group of financial sponsors and strategic buyers are evaluating the business, with non-binding offers expected in May. The process is being run on behalf of Ontario Teachers’ Pension Plan (OTPP), which owns a 60% stake and is working with advise...
Continue Reading
Sign up for FREE to read the full article and access 129K+ alternative investment headlines.