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Blackstone considers strategic review and potential sale of EPL majority stake

Blackstone is considering a strategic review of its majority stake in EPL Ltd, the world's largest specialty packaging firm, following preliminary interest from potential buyers. The firm, which Blackstone acquired in 2019 for up to $460 million, holds a 51.47% stake valued at approximately Rs 4,402 crore, with a market cap of Rs 8,544 crore. If the review progresses, it may lead to a full stake sale through an M&A auction.

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