Advent agrees to sell Indian packaging firm Manjushree to PAG for close to $1b

Advent agrees to sell Indian packaging firm Manjushree to PAG for close to $1b

Hong Kong's investment firm PAG.

U.S. private equity firm Advent International has signed a deal to sell Indian packaging company Manjushree Technopack to PAG for an enterprise value of close to $1 billion, two sources with direct knowledge said on Friday.

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