The move marks a significant divestment by Blackstone, which first acquired a controlling interest in EPL in 2019.
Blackstone had acquired 75% of EPL for $470 million from erstwhile promoter Essel Group and public shareholders in 2019.
Boor expressed optimism for continued market improvement in 2025, underpinned by steady retail traffic and increasing consumer adjustments to higher interest rates. He highlighted a tailwind from ...
EPL, known back then as Essel Propack, had announced a ₹3,211 crore deal by selling out to Blackstone. Promoters sold stake ...
Maxeon said it has achieved a 24.9% efficiency rating for a full-scale Maxeon 7 solar panel using its IBC technology. The US National Renewable Energy Laboratory (NREL) confirmed the result ...
Blackstone has agreed to sell a 24.9% stake in EPL, an Indian speciality packaging manufacturer, to Indorama Netherlands, for approximately Rs19.07bn ($220m). This move comes as part of the global ...
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