Indorama Ventures to buy 24.9% stake in Essel Propack from Blackstone

Indorama Ventures agreed to acquire a 24.9% minority stake in Essel Propack from Blackstone funds for $220 million at INR 240 per share. The deal is pending customary approvals.

“Indorama Ventures Public Company Limited has entered into a definitive agreement with private equity funds managed by Blackstone to acquire a minority stake of 24.9% in Essel Propack Limited for $220 million.”barandbench.com

• 1 source
• barandbench.comKhaitan, C&M, Trilegal, Simpson Thacher act on Indorama Ventures acquiring stake in Essel Propack from BlackstoneMar 4, 2025

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