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Jardine Is Said to Weigh Options for Stake in Greatview

  • Conglomerate working with JPMorgan on a strategic review
  • Minority stake sale may attract other industry players, funds
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Jardine Matheson Holdings Ltd. is exploring options including a sale of its roughly 28% stake in Hong Kong-listed Greatview Aseptic Packaging Co. amid interest from potential investors, according to people familiar with the matter.

The conglomerate is working with JPMorgan Chase & Co. on a strategic review for its shares in Beijing-based Greatview, the people said, asking not to be identified because the information is private. Other options could include a broader strategic partnership, which may help boost synergies in areas such as sourcing of raw materials, the people said.