Deals
CVC Capital Partners Plans $1.5 Billion Sale of AR Packaging
- Buyout group has received non-binding offers for Swedish firm
- Sale would be one of largest packaging deals so far this year
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CVC Capital Partners is planning a sale of AR Packaging Holding AB in a potential deal that could value the Swedish company at more than 1.3 billion euros ($1.5 billion), people familiar with the matter said.
The buyout firm is working with an adviser to gauge interest in AR and has received non-binding offers, the people said, asking not to be identified discussing confidential information. Any sale would be one of the largest global packaging deals this year, adding to the $2 billion of transactions already announced in the sector, according to data compiled by Bloomberg.