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Sonoco Products Company, through its subsidiary Sonoco International (BVI), Inc., entered into a definitive agreement to acquire the remaining 70 percent interest in Conitex Sonoco (BVI), Ltd. for approximately $133 million in cash. The transaction is expected to close in Q3 2018.
“Sonoco International (BVI), Inc., entered into a definitive agreement to acquire the remaining 70 percent interest in Conitex Sonoco (BVI), Ltd. for approximately $133 million in cash.”sec.gov
Summarized from public sources; check the original articles before acting on it.