Loews to acquire Consolidated Container Company from Bain Capital for about $1.2bn

Loews Corporation has agreed to acquire Consolidated Container Company, a rigid plastic packaging manufacturer, from Bain Capital Private Equity for approximately $1.2 billion, with closing expected in the second quarter of 2017.

“Loews Corporation (NYSE: L) today announced that it has entered into an agreement to acquire Consolidated Container Company (CCC), a leading rigid plastic packaging manufacturer.”loews.com

• 4 sources
• loews.comLoews Corporation - Loews Corporation Agrees to Acquire Consolidated Container CompanyApr 11, 2017
• fortune.comLoews to Buy Consolidated Container for $1.2 Bln From Bain Capital | FortuneApr 11, 2017
• canplastics.comLoews Buying Blow Molder Consolidated Container - Canadian PlasticsApr 12, 2017
• loews.comLoews Corporation - Loews Corporation Completes Acquisition of Consolidated Container CompanyMay 22, 2017

Summarized from public sources; check the original articles before acting on it.