Multi-Color to buy Constantia Flexibles labels unit for $1.3 billion

US packaging group Multi-Color Corp said it would buy the labels unit of Austria's Constantia Flexibles for about $1.3 billion in cash and stock.

“said it would buy the labels unit of Constantia Flexibles GmbH (IPO-COFH.VI) for about $1.3 billion in cash and stock”privateequityinternational.com

• 3 sources
• privateequityinternational.comMulti-Color to buy labels unit of Constantia for $1.3 billion: ReutersJul 17, 2017
• healthcarepackaging.comMulti-Color Corporation Announces Agreement to Acquire Constantia Labels Division to Create a Global Leader in the Labels Space | Healthcare PackagingJul 18, 2017
• packaging-gateway.comDeals this week: La Colombe Coffee Roasters, ABC Packaging Direct, Constantia Flexibles -Jul 20, 2017

Summarized from public sources; check the original articles before acting on it.