# Blackstone to acquire Piramal Glass for $1 billion

Blackstone Group has agreed to acquire the glass unit of Piramal Enterprises for about $1 billion. The deal could be announced in the coming weeks.

- Type: Acquisition
- Announced: 2020-11-11
- Where: India
- Value: $1.00B
- Status: announced
- Products: glass packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Blackstone Group](https://endata.com/companies/2364.md) (acquirer)
- [Piramal Enterprises](https://endata.com/companies/51124.md) (target)

## Sources

- [bloomberg.com](https://www.bloomberg.com/news/articles/2020-11-11/blackstone-is-said-poised-to-buy-piramal-glass-for-1-billion), 2020-11-11: "Blackstone Group Inc. has agreed to acquire the glass unit of Indian conglomerate Piramal Enterprises Ltd. for about $1 billion"

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