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Asian private equity firm MBK Partners has agreed to acquire Japanese aluminium packaging and components maker Altemira Holdings from funds managed by Apollo Global Management, in a deal valued at about ¥117.5 billion (US$760 million).
Novolex and Pactiv Evergreen agreed to combine into a food, beverage and specialty packaging manufacturer, with Pactiv shareholders receiving $18.00 per share in cash. CPP Investments will contribute about US$1 billion and become a significant minority shareholder.
Apollo Global Management agreed to buy a majority stake in packaging maker Novolex Holdings from Carlyle Group, which will keep a minority stake. Bloomberg's headline cites a $6 billion value, although the article text says financial terms were not disclosed.
Apollo's vehicle Rimini Bidco is closing the mandatory tender offer for Italian cardboard maker Reno De Medici, which follows a July 2021 deal to acquire about 67% stake for over EUR 365 million. The offer closes on Friday December 17, 2021.
Showa Aluminum Can agreed to acquire a 20% stake (16,000 shares) in Universal Can Corporation from Hokkan Holdings. Completion is planned for March 31, 2022. The deal was reported November 24, 2021, with no value disclosed.
Apollo-controlled funds agreed to buy about 67% of Reno De Medici from its two largest shareholders, Cascades and Caisse de depot et placement du Quebec, at EUR 1.45 per share. The deal cost about EUR 315.3 million and was expected to close by Q3 2021, followed by a mandatory takeover bid.
Johnson Controls and funds managed by Apollo Global Management announced a strategic partnership offering performance-based energy efficiency and smart building services with subscription-style fees to customers in the United States and Canada.
Funds managed by Apollo Global Management will buy about 67% of Italy's Reno De Medici from Cascades and CDPQ at EUR 1.45 per share, totaling EUR 365 million, then launch an offer to delist the cardboard maker.
Apollo Global Management has agreed to acquire the aluminum can and aluminum rolling businesses of Showa Denko.
An Apollo-led consortium and institutional investors will acquire a 49.9% stake in AB InBev's US-based metal container plants for approximately $3 billion. AB InBev keeps operational control and will sign a long-term supply agreement.
Apollo Global Management agreed to buy RPC Group Plc, a British container and packaging maker, for 782 pence per share in cash, valued at 3.32 billion pounds ($4.3 billion). RPC announced the deal on 23 January 2019.
RPC Group plc ended merger talks with Bain Capital and gave Apollo Global Management more time to make a firm takeover offer for the European plastics packager.
RPC Group, a European plastic packaging maker, confirmed it is holding discussions with private equity firms Apollo Global Management and Bain Capital about a possible sale of the company.
