Deals
Stone Canyon Explores $8 Billion Sale of Mauser Packaging
- Investment firm speaking to advisers about potential exit
- Stone Canyon built packaging unit through Mauser, BWAY merger
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Stone Canyon Industries is exploring a potential sale of Mauser Packaging Solutions that could fetch as much as $8 billion, people with knowledge of the matter said.
The Los Angeles-based investment firm, whose backers have included billionaire junk bond pioneer Michael Milken, is speaking to advisers about an exit, according to the people. Any divestment process is likely to start in the first half of the year, the people said, asking not to be identified because the information is private.