Bain in talks to acquire Indian packaging company Parksons for $411m

Bain in talks to acquire Indian packaging company Parksons for $411m

Alex Mecl / Unsplash.com

Bain Capital is in talks to buy Daman-based Parksons Packaging Ltd for more than 3,000 crore ($411 million), two people aware of the discussions said, as the US private equity firm plots to bolster its portfolio of packaging businesses.

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