Industry Newsroom

Blackstone Sells 23% Stake in Indian Packaging Company Essel Propack for USD251m

Blackstone Group has sold 27.55m shares, the equivalent of a 23% stake, in India-based packaging company Essel Propack for INR18.5b (approximately USD251m). Blackstone first invested in the company in April 2019 and will now hold a 52% stake. Read more