Citic Capital agrees to buy French packaging firm Axilone from Oaktree

Citic Capital agreed to buy French packaging company Axilone from Oaktree Capital Management, announced on November 6, 2017. Banks have lined up about €420m of leveraged loans to finance the buyout, with Axilone's EBITDA around €55m.

“Citic agreed to buy the company from Oaktree Capital Management, it was announced on November 6.”reuters.com

• 1 source
• reuters.comLPC-Banks prepare €400m loans for Citic’s Axilone buyNov 7, 2017

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