Hints and tips:
...In a campaign, the business lobby group Together for Sustainable Packaging cited studies that showed recycled materials in packaging could reduce CO₂ emissions by up to 70 per cent while reusables would...
...The UK packaging industry aside, most of this year’s M&A action is happening across the Atlantic, with the US pulling its weight....
...Nonetheless, packaging up increasingly complex strategies, trading tools and risk premia seems to be the general direction of travel right now....
...The firm also owns assets including a minority stake in advisory firm Brunswick Group....
...By packaging the rights to thousands of songs together, royalty payments could be used as a revenue stream from which to pay dividends. But that fund is now, in effect, frozen....
...The group’s total return to shareholders grew 99 per cent during his board stint....
...Now the LPs have lined up the US consultancy Berkeley Research Group to take Novalpina’s place, DD’s Kaye Wiggins and the FT’s Anna Gross report....
...Ant Group: stuck in the mud It was meant to be the best week yet for Ant Group....
...In his time there, Blackstone has acquired pharma packaging company Gerresheimer, Spanish tin-food maker Mivisa and Clarion, an events company....
...at convenience stores Booker Group supplies....
...Goldman’s highlights in the non-investment grade world this year include $6.1bn of loans and bonds for Change Healthcare, a Nashville-based group, and $4.2bn of debt for BWAY, a packaging company, to buy...
...Notable deals included Novolex, a US-based packaging company, and Schön Klinik, a German healthcare clinic....
...Packaging group DS Smith has announced a 3 per cent improvement in annual profits to £201m, fattened to a 15 per cent jump to £332m after exceptionals and the like stripped out....
...The $327m deal, called Consumer Credit Origination Loan Trust 2015-1, was put together by BlackRock Financial Management and involves packaging loans originated through Prosper, the world’s second-biggest...
...Dow’s petrochemical operations provide the inputs used in DuPont’s ethylene copolymers, used in everything from food packaging to golf balls....
...In June, Goldman Sachs launched an Italian CMBS deal, based on a loan to US group Apollo, which was subsequently put on hold and is yet to be closed....
...Kensington, formerly owned by Investec, was bought by Blackstone and TPG, the private equity groups, in 2015....
...The investor successfully lobbied for Yahoo to split off its $40bn stake in Chinese ecommerce group Alibaba, and said the move announced at the end of January was a “good first step”....
...The merger announcement comes the week after Yahoo decided to spin off its $40bn stake in Alibaba and the packaging companies MeadWestvaco and RockTenn agreed a $16bn packaging sector merger, both plans...
...Ellen Kullman, chief executive, said there was “a lot of competitive advantage, and a lot of shareholder value” created by the Delaware-based chemicals group’s range of businesses and markets....
...Electronics Technology, China’s biggest chip tester, has made an offer to buy Temasek’s 83 per cent stake in Singapore-based Stats ChipPac for $780m in cash in the largest ever move by a Chinese semiconductor group...
...The New York-based buyout house, which owns London Eye operator Merlin Entertainments, wrote off its €220m stake in Klöckner Pentaplast in 2012, after the German packaging company was seized by creditors...
...Last week, the company paid $3.2bn for Illinois Tool Works’ industrial packaging unit. The private equity group also sold US aerospace company Arnic to Rockwell Collins last year for $1.4bn....
...(FastFT) “Illinois Tool Works has agreed to sell its industrial packaging unit to the Carlyle Group for $3.2 billion, the companies announced on Thursday.”...
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