Reuters logo
4 个月前
Loews to buy Consolidated Container for $1.2 bln from Bain Capital
2017年4月11日 / 下午12点32分 / 4 个月前

Loews to buy Consolidated Container for $1.2 bln from Bain Capital

April 11 (Reuters) - Loews Corp, a hotel, energy and financial services conglomerate, said on Tuesday it would buy plastic packaging manufacturer Consolidated Container Co from Bain Capital Private Equity for about $1.2 billion.

The deal is expected to be funded with about 50 percent cash on hand and 50 percent debt, Loews said in a statement.

Consolidated Container provides packaging solutions for beverage, food, and household chemicals. It will be a part of a newly-created segment called Loews Packaging Group. (Reporting by Nikhil Subba in Bengaluru; Editing by Savio D'Souza)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below