Indorama Ventures—controlled by Thailand billionaire Aloke Lohia—has agreed to buy a 24.9% stake in Indian packaging company ...
The move marks a significant divestment by Blackstone, which first acquired a controlling interest in EPL in 2019.
Nomura said the overhang of ‘exit of PE investor’ is now behind and it sees the entry of a strategic investor as a long-term ...
Blackstone today announced that private equity funds managed by Blackstone have entered into a definitive agreement with ...
Gold stocks rise, economic momentum across major nations fade, the stock market fall is not over yet, exporting skills will ...
Moneycontrol was the first to report that Blackstone was evaluating a strategic review of portfolio company EPL Ltd, the ...
"Pursuant to the definitive agreements, INBV will acquire a minority stake of 24.9 per cent of EPL from Blackstone at a ...
EPL’s CEO, Anand Kripalu, emphasised the synergy between the two companies, highlighting Indorama’s expertise in ...
Blackstone had acquired 75% of EPL for $470 million from erstwhile promoter Essel Group and public shareholders in 2019.
Chemical producer Indorama Ventures is set to acquire a minority stake of approximately 24.9 per cent in speciality packaging ...
EPL board approved a share purchase agreement, wherein Epsilon will sell 7.95 crore shares representing 24.9% stake, to ...
Investment firm Blackstone's private equity funds have consented to sell a 24.9 per cent stake in EPL to Indorama Netherlands ...