Carlyle reportedly nears ~$1B takeover of Chinese packaging firm HCP from BPEA

Carlyle Group is reportedly set to buy Chinese packaging firm HCP for about $1 billion from owner Baring Private Equity Asia. The deal is reported to be expected to complete in the coming months.

“Carlyle Group Inc. is set to buy Chinese packaging firm HCP for about $1 billion, people familiar with the matter said.”bloomberg.com

• 3 sources
• bloomberg.comCarlyle Said to Near $1 Billion Takeover of Packaging Firm HCP - BloombergMay 12, 2022
• hcpackaging.comGlobal investment firm, Carlyle (NASDAQ:CG) agree to acquire a 100% stake in HCP Packaging from BPEA subject to regulatory approval - HCP PackagingMay 26, 2022
• emballagedigest.frEmballage DigestJun 1, 2022

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