Real_Investor wrote:Blackstone Group Inc. has agreed to acquire the glass unit of Indian conglomerate Piramal Enterprises Ltd. for about $1 billion, according to people with knowledge of the matter.
The transaction will probably close by the end of 2020, one of the people said, asking not to be identified as the details are private. The U.S. private equity giant is in talks with banks for about a $400 million, five-year loan to fund the deal, another person said.
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$1 billion was the expected deal price , if this news correct then it’s a huge news for glas lovers