Euro 3.575 billion will be paid to Reynolds Group at the closing of the transaction, with an additional amount up to the balance of Euro 175 million payable depending on the financial performance of the SIG Combibloc business in 2015 and 2016.
The transaction is expected to close in the 1Q 2015, pending final regulatory approvals and the satisfaction of other customary closing conditions.
Goldman, Sachs & Co. acted as exclusive financial advisor to Reynolds Group on this transaction.
Reynolds Group is a leading global manufacturer and supplier of consumer food and beverage packaging and storage products.
