Carlyle Group Granted Exclusive Rights To Orora Group For The Purchase Of Saverglass
Portfolio Pulse from Charles Gross
Carlyle Group (NASDAQ:CG) has granted exclusive rights to Orora Group for the purchase of Saverglass, a global specialist manufacturer of high-quality glass bottles. The transaction is subject to regulatory approvals and consultation with employee representative bodies.
September 05, 2023 | 9:28 am
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Carlyle Group's granting of exclusive rights to Orora Group for the purchase of Saverglass could potentially increase its revenues if the transaction is successful.
The news directly involves Carlyle Group as it has granted exclusive rights to Orora Group for the purchase of Saverglass. If the transaction is successful, it could potentially increase Carlyle Group's revenues. However, the transaction is still subject to regulatory approvals and consultation with employee representative bodies, which introduces some uncertainty.
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