date:Jun 11, 2014
culators suggest that the sale could fetch up to ten times that figure.
According to Reuters, the sale of SIG would play a key part in Harts efforts to cut the US$18 billion debt that his packaging empire has accumulated due to leveraged buyouts including the US$6 billion acquisition of trash bag manufacturer, Pactiv in 2010, and the US$4.5 billion purchase of plastic container manufacturer, Graham Packaging in 2011.