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American Industrial Partners to Consider Ontex Takeover

  • AIP bought Domtar’s personal care business last year
  • Ontex shareholder GBL may remain invested after any deal

American Industrial Partners is considering a takeover of personal-hygiene firm Ontex Group NV, according to people with knowledge of the matter.

New York-based AIP is working with an adviser as it studies an acquisition of Brussels-listed Ontex, the people said, asking not to be identified discussing confidential information. Ontex has a market value of 513 million euros ($541 million).