Blackstone-backed EPL, Indovida to merge to create $2 bn packaging firm
Under the deal, EPL is valued at around $1.2 billion, implying a price of ₹339 per share—about 70 per cent higher than its previous closing price—while Indovida is valued at roughly $0.7 billion, at a 35 per cent discount to EPL’s valuation multiple
Under the deal, EPL is valued at around $1.2 billion, implying a price of ₹339 per share—about 70 per cent higher than its previous closing price—while Indovida is valued at roughly $0.7 billion, at a 35 per cent discount to EPL’s valuation multiple
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