# Blackstone's Epsilon Bidco to acquire up to 75% of Essel Propack

Epsilon Bidco, an affiliate of Blackstone funds, agreed via a share purchase agreement and mandatory open offer to acquire up to 75% of Essel Propack Limited, signed April 22, 2019 and approved by India's CCI on June 3, 2019.

- Type: Acquisition
- Announced: 2019-04-22
- Where: India
- Status: announced
- Products: laminate tubes
- Sectors: [Packaging](https://endata.com/sectors/packaging.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Blackstone Group](https://endata.com/companies/2364.md) (investor)
- [Essel Propack](https://endata.com/companies/3927.md) (target)
- [Epsilon Bidco Pte Ltd](https://endata.com/companies/5589.md) (acquirer)

## Sources

- [amsshardul.com](https://www.amsshardul.com/shardul-amarchand-mangaldas-advises-blackstone-in-epsilon-bidco-pte-ltds-acquisition-of-essel-propack-limited-epl/), 2019-09-25: "acquisition by Epsilon Bidco Pte Ltd of up to 75% of the issued and outstanding shares in Essel Propack Limited (EPL)"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.