IFLR1000

Blackstone $460 million acquisition of majority stake in Essel Propack

23/4/2019
Public acquisition
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$ 460 million

Completed

23/4/2019

Overview:

  • Private equity firm Blackstone has acquired a 51% stake in tube-packaging company Essel Propack for $460 million.

Shah Shameer Ahmed - Researcher

Jurisdiction:

India

Deal type:

Public acquisition

Practice area:

M&A

Industry sector:

Industrials and manufacturing

Firm:
Khaitan & Co

Party: Ashok Goel Trust (Seller)

Lawyers: Haigreve Khaitan, Vineet Shingal

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