Bain Capital Sells Shares of Greatview Aseptic Packaging (Asia)
Source: Hong Kong Stock Exchange
Global investment firm Bain Capital has sold 110 million shares of Chinese packaging materials manufacturer Greatview Aseptic Packaging on the Hong Kong Stock Exchange for HKD533.5 million (approximately US$68.8 million). The shares were owned by Bain Capital Fund IX, which retains over 174 million shares, representing 13.07 percent of the company’s total equity shares. Bain originally invested US$40 million in Greatview in 2006.