Israeli business daily Globes reports of Israel’s Keter Plastic Ltd. reportedly selling 80% of its stock to BC Partners for $1.7 billion.
By JTA
The Israeli plastics firm Keter reportedly has sold 80 percent of its stock at a price of $1.7 billion.
Keter products
BC Partners, a private equity firm with offices in London, Paris, Hamburg and New York, has been in exclusive talks to buy a stake in Keter, according to the Israeli business daily Globes.
Keter Plastics owner Sami Sagol reportedly had been trying to sell full ownership of the company for $2 billion. BC will still have an option of buying the remaining shares, according to Globes. Continue Reading »
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