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Packaging news briefs: Private equity bids expected for SIG Combibloc

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Packaging news briefs: Private equity bids expected for SIG Combibloc

November 07, 2014 - 08:54

OAKLAND, CA, Nov. 7, 2014 (PPI Pulp & Paper Week) -Private equity firms are set to bid for aseptic carton producerSIG Combiblocat less than an earlier expected price fromReynolds Group Holdings, owned by New Zealand billionaire Graeme Hart, Reuters reported Nov. 7. Buyout groups BC Partners, Onex, and Partners Group are expected to bid on Nov. 10 for about Euro 3.5 to 3.8 billion from earlier valuations of Euro 3.9 billion.