Blackstone to acquire China-based cosmetics packaging maker ShyaHsin for $800-900 million

Blackstone Group has reportedly agreed to acquire ShyaHsin Packaging (China) for about $800 million to $900 million, according to sources cited by Reuters, and is arranging about $600 million of loan financing. The report was dated November 10, 2017.

“Global asset manager Blackstone Group LP has reached a deal to acquire China-based cosmetics packaging firm ShyaHsin Packaging (China) Co Ltd for about $800 million to $900 million, four people with knowledge of the matter told Reuters.”reuters.com

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• reuters.comBlackstone buys China-based packager ShyaHsin in $800-900 million deal: sourcesNov 10, 2017

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