Loews agrees to sell 47% stake in Altium Packaging to GIC

Loews Corporation signed a definitive agreement to sell a 47% interest in Altium Packaging, a North American rigid plastic packaging and recycled resin company, to Singapore's sovereign wealth fund GIC, with closing expected within 30 days.

“Loews Corporation (NYSE: L) announced today that it has entered into a definitive agreement to sell 47% of Altium Packaging”prnewswire.com

• 1 source
• prnewswire.comLoews Corporation Adds GIC as Partner in its Packaging SubsidiaryMar 12, 2021

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