AUSTRIA - CVC circles Constantia Packaging
According to reports, CVC is interested in acquiring a 90% stake of Constantia Packaging from Constantia BV, with the price tag thought to be around EUR 510m.
The company has been put on the block in January 2009, when Rothschild and Bank Austria were hired to find suitors for it. The banks approached more than 100 possible buyers, including private equity investors, sovereign wealth funds and strategic buyers.
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