Ontario Teachers’ to buy Carlyle’s Logoplaste stake: Reuters

Ontario Teachers’ Pension Plan will acquire the Carlyle Group’s majority stake in Portugal’s Logoplaste, a plastic packaging maker, Reuters reported.

Ontario Teachers’ Pension Plan will acquire the Carlyle Group’s majority stake in Portugal’s Logoplaste, a plastic packaging maker, Reuters reported. The deal has an enterprise value of $1.69 billion, a source said. In 2016, Carlyle bought a 60 percent stake in Logoplaste.

Source: Reuters