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Hart in $978m sale to private equity

Reynolds Group sells part of packaging business, weeks after IPO announcement.

Tim Hunter Wed, 16 Oct 2019

NBR Rich Lister Graeme Hart’s US packing empire Reynolds Group Holdings has disclosed a deal to sell its Closure Systems International unit to private equity firm Cerberus Capital for $US615 million ($978m).

The move comes six weeks after Reynolds announced the potential float of its Reynolds

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Hart in $978m sale to private equity
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