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Blackstone, Carlyle said to be eyeing Goodpack

Published Thu, Apr 3, 2014 · 10:00 PM
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[HONG KONG] Blackstone Group and Carlyle Group are considering a bid for Singapore's Goodpack Ltd, people familiar with the matter told Reuters, eyeing the container maker a few weeks after its takeover talks with Australian pallet maker Brambles ended.

Blackstone and Carlyle had meetings this week with Goodpack, which makes containers used in the rubber, tyre and food industries, people familiar with the matter said. Goodpack's market value is S$1.23 billion.

The people said that while the meetings showed the firms' interest in the company, there is no guarantee a deal will come as a result. Talks are at an early stage, the people said.

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